I think Alex Jones and the Infowars people engage in a bit of deliberate hyperbole. You might say that discredits, but I have come to see a certain wisdom in it and have even started using it myself in online discussions or conversations with people. We have such a high degree of normalcy bias, mass collective Stockholm Syndrome, that occasionally people need to hear news presented in an outlandish way.
I've listened to his podcast somewhat regularly since December. At the time the latest Feinstein gun grab was in full frontal assault mode, and I wanted to hear bombastic defiance. It wasn't enough to listen to my "regulars" (Limbaugh, Levin, etc) argue against her in their more measured way. But anyhow as a consequence of starting to listen to him more, I came to enjoy his show even as frequently out-there as it was. I'll also say that I find him to be very genuine. The guy is tireless. He does his show 6 days a week, and will often just tack on another hour at the end. He lets phone callers say pretty much whatever they want, and will hold them over a commercial break to let them finish their point. Though he and the Infowars team will often end up at bizarre conclusions, he has an instinctive distrust of authority and I have no doubts that he will reliably come down on the side of individual liberty whatever the issue.