I'm following this project. I dig the idea. Not sure about the execution, yet, but the idea is one I support. I prefer decentralized systems to centralized ones, and this Facebook replacement has potential.

I'd prefer that they had released it as software that ran on apache or IIS for any small host to stand up for others to join, because a user download is not ideal, but I get the reasons and reserve judgement on the architecture until I know more.