The service has created a lot of buzz, because it’s able to keep redundant copies of your files which you can access from anywhere with a browser, including files for the iPhone and PS3.
These can be fetched automatically from bittorrent networks, FTPs, direct download links, Rapidshare links or basic http authenticated links. And you can stream your downloaded files instantly with an appropriate player. For example, Divx Web Player for DivX files. Cleary it has the potential to create something of a media storm.