Hey Joe, Do you have a more zoomed-out version of that picture? I would like to see what the rest of the conductors look like. There are hints that they are not in much better shape.
Below is a picture of a situation I encountered in my first house. Remodeling contractor, that also thought he was an electrician, just didn't get that fourth wire far enough into the wirenut before he applied the twist. I keep this on my desk at work as a constant reminder of how important correct electrical splices are.
[This message has been edited by Mean Gene (edited 12-31-2003).]