The website once described itself as "opposition-leaning-but-not-insane,"[1] and, according to an Associated Press article, though highly critical of Venezuela's socialist government, the site "doesn't spare the opposition".

[4] Before the appointment of Osío Cabrices, Toro—a Venezuelan political scientist living in Canada[5]—had alternated in the role of editor-in-chief with Juan Nagel, a Venezuelan economist and professor at the University of the Andes, Chile.

[6] The Associated Press says that the website's "English-language musings are a must-read for foreign journalists, academics and political junkies".

[2] Following the death of President Hugo Chávez, José de Córdoba wrote in Americas Quarterly:[5] Caracas Chronicles, an English-language blog that has provided a running narration since 2002 of the Chávez era, will continue to be an indispensable tool of analysis and information for addicts of the Chávez story—a story that so far has managed to outlive the flamboyant president.

... One hopes that Venezuelans, and everyone else interested in the fate of the country, will continue to be served by the entertaining and insightful dispatches of Caracas Chronicles.David Frum said at The Daily Beast that Chavismo was not sustainable, and that when oil prices declined, Caracas Chronicles "will be the essential guide".