@Greymiles : It is called the barnes opening.

Not very good move for high ranking games.

hmm.. dangerous opening 

I thought this was called the "Barnes Opening".

looks bad

Horrible

if someone is planning for o-o-o castling

Easily known as the poopbucket!  

why would people play that???

It's not that good. I think it entends Nh3 Nf2 etc.

Despite being named by Wikipedia "White's worst opening move", I find that it's fine to play with.

I suggest 1...e4 (not even e5), continuing with 2 g4, thinking that the king is the queen actually...guess what? 2...would be aparently the black's king producing an illegal move to h4...wait a minute, how does this thing work? Probably my queen was actually the king, his king was actually the queen and actually this is a mate mate!!! I should go to Lasik

If white continues with g4, he/she will be further strengthening their pawn structure and developing a solid defense. This move will allow their king to charge to the middle of the board, further establishing a presence in the center. What could go wrong?

what can i say- bad

I believe it's the worst, but not unplayable, opening. It's a possible handicap. White opens up the weak e1-h4 diagonal, poisoning should black move his e-pawn. Also, the knight is unable to be placed on a good square without losing tempo, leaving the king in the centre for longer unless he/she castles queenside.

And should white want to move his queen, he cannot on the d1-h5 diagonal, being blocked by the f-pawn, having to play c3 or c4 to move the queen easily, weakening the queenside should white castle in that direction.

I'm playing both sides of this in a theme tournament right now. In my game with White, I had to play 1. f3, which then continued 1...d5 2. f4, essentially transposing into a Dutch Defence with colours reversed.

I'm sure there are better ways to play it as White, but at least the Dutch leads to positions I am more familiar with.

if you call an opening the worst

you're really not looking far into it, all you see is a pointless weakening of structure or a move that makes no sense. 

the bird opening, f4 is a great opening and i'm sure this one has its uses too. 

the first move for the fool's mate