Yes, I do believe it is a significant piece of art, not that I would normally go around parading that belief, but in light of such ridiculous hostility, I for one will stand up for it.
I'm sorry, framed badly? I happen to find it impeccably framed; I like how the figure takes up the majority of the frame, from her face with the unique expression to the 70's tile floor, to the snippet of the classifieds in her hand. Notice how the light coming from her legs is blue, and how just a bit of her leg is visible in the lower left corner, revealed by a small fold in her skirt. Her foot is bent around to her back, her face just perfectly nestled in the corner, while her red fingernail polish adds a bit of red just poking out of the shadow.
Show me another picture with a horizon, a tree, and a stream, or a bridge and I'll shoot myself. Give me something with intrigue, give me something with a unique perspective that confuses the squares... THAT'S ART.
Don't you realize, art is not just about paint on a canvas, or a photograph of some subject, it's about the people who created and when they created it and in what context or environment it was created.
*soap box down*