It is...and so much history too. I worked there for a while back in late 80s and early 90s. Good times.
I read a lot of stories of how the Italian coast guard moves the illegal boat people attempting to enter Italy into camps in Malta. I guess the temporary guests get a bit restless at times and start riots in the camps. Maybe not the best place to visit these days.
I did like most of the pictures I've seen of that place.