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The problem is it's being overused. It's fallen the same fate as "literally," which is literally never used correctly as I am now exemplifying.
Stop.

Sometimes, it's the only way to show someone you're joking. Especially if you are typing text to someone who you know is quite literal.
I've seen a few misunderstandings on message boards because of the omission of an exclamation point.
On MovieChat a male poster, told the board he was leaving and that he had been lying and that he was actually a female passing himself off as a male the whole time. He was, of course, joking and most of us laughed. A couple didn't and one poster, took it very seriously and went into a complete rant about it. The OP also got a PM telling him from the same poster to Fuck off.
It was very funny.

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!
Stop.

As you can see I feel strongly about this topic.
Stop.

I literally just used the word literally! Amazing!
The thing is we can no longer use language properly. I use incorrect grammar quite often, although my errors aren't as egregious as those made by most people.
I blame schools and I blame the Democrats. Holy ****, my phone just advised I pluralize Democrats as "democrat's." There's another causative factor behind the devolution of the English language.
Language changes and evolves, this has always been the case. So why is it so annoying to see exclamation points used as though they were periods? Perhaps it's the ubiquitous nature of the mistake. Moreso, though, I think it's that I now feel like an asshole if I also don't put an ! Into every sentence.
It's all very similar to the mtf trans phenomenon. A guy who "became" a woman is not a woman. This is fact. However I'd be shamed for referring to a male-to-female tranny as "he." Normally I don't really care about the trannies, it's the coersive nature of it's effects on language that I find infuriating. That and the terrifying possibility of being catfished by one of them
Stop.

Awesome rant. I couldn't have said it better myself. (literally)

Omg!! You're the first person I met who doesn't like exclamation points!!!
I hope a bear throw a book at you, moon at you, and do a tap dance wearing a thong and leather boots.

Oh-****ing-kay!!!!!!!!!!!!!!!!!!!!!!!!!!
PS And wasn't today a bitch?????????????!!!!!!!!!!
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

I first encountered that in Asterix in Spain.

Ah so. I wasn't sure about that.
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

Obviously I meant to type see the logic.

I do not
"the the logic in it."??
WTF?
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

Well maybe it should be stopped since YOU do not the the logic in it.

So if I know an exclamation point is coming, I'm supposed to get excited?
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

That way you can be all excited in the beginning instead of waiting to the end and then realizing you were supposed to be excited.
Administrator
"filmboards is a bold experiment in free speech and anarchy"
I GameBoy

I never saw the logic in that.
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

¡I like how in Spanish they put an upside down explanation point first so you know it's coming!
Administrator
"filmboards is a bold experiment in free speech and anarchy"
I GameBoy

Yes it does!
MAGA! FAFO! Schrodinger's Cat walks into a bar, and doesn't. Dumbocraps: evil people who celebrate murder.

Actually I don't think it does. Since it is now always used it means absolutely nothing to me except as a formality.
It's like when people sign a message with "thanks." Okay, thanks for what? Oh, so "thanks" is now as meaningless a formality as "how's it going," which is never actually used to find out how someone is doing.
English is ****ing stupid but Americans are even dumber for including !!!this in every goddamn written interaction.
In my very humble opinion which means very little to most people, I think English is the best language in the world.

Certainly but not on every damn interaction. It just comes off like the author is manic.
Stop.

I very often skip posts or messages that are written in all caps.
"Your emotional state is not my responsibility." – Warren Smith

Lol!
“There are no atheists in foxholes, eh?”-Keith Jennings from the Omen.