I don't have the time to study the specifications just yet, but it sure looks interesting.

http://maidsafe.net/
https://bitcointalk.org/index.php?topic=483033.0

Sounds kinda like a scam/not realistic in my opinion..

The system could probably be abused by using more data than one would donate. (Like not seeding on torrents)

Also If part of my file is somewhere far away...I expect lag...

User dirvine on Reddit is one of the creator and answers questions.

From what I can understand so far, there are two ways to have access to that decentralized storage space:

• Share space located on your own hard drive to get equivalent storage amounts.
  
• Buy storage space from users that share their hard drive space, but don't use it.
  

(Those that have unused storage space can profit from selling that space to others.)

I'll have to check how they handle lag issues.

Ugh, they released it as a commercial license. Of course if a company can pay for software they're going to buy it rather than get it for free...

This is way too complicated for me. I get cloud and RAID, but this is way over my head. If my password isn't sent over the network, I don't understand how I can get my files back. It must send it out obfuscated in the file or something. After all, if I can get my files, that means a hacker pretending to be me can get my files.

It makes sense that your file is replicated a few hundred times, so the transfer rate will be pretty damn high (ever been on a torrent with 1000+ seeders?). I'm just thinking if many people take down their computers at the same time, you're vulnerable to data loss.