Note that that site doesn't even try to include the recipe as text; each recipe is an image, which introduces all sorts of problems on its own (ones that I can think of right now are searchability and various aspects of accessibility). Even if it was text, unless it's very carefully laid out in the HTML, I strongly suspect e.g. screen readers would have huge difficulty with it. Also, I really can't say I care for that format, myself, but that's probably more personal than objective.

Please keep accessibility and varied devices in mind. That format would not work on a phone at all, and would not work for someone who needs a little zoom and isn't using (or willing to go full-screen on) a humongous monitor. For recipes in particular, we should assume that some people will be consulting them while cooking, meaning in the kitchen, meaning probably using a phone or tablet. A list of ingredients followed by list of steps isn't as fancy but is more flexible.