I don't see how it could be a bad thing. It gives new people a dedicated place to post and find answers to many of the basic questions they might have. Questions that are elementary to the rest of us. Answers would be in an easy to find place. No one would have to "graduate" to the standard forum and a newbie could skip the whole newbie forum if they wanted to.
I don't buy the argument that this would "divide and segregate" the community or that having a newbie form is somehow "elitist or sends a bad message." Anyone can read and post anywhere they want...and many people post in multiple forums and subforums...it's just a way to make info easier to find and put it in one place.
That being said...It makes no nevermind to me in the least...the forum gods will do what they will...i'm fine with or without it...