This is absolutely the most awesome thing I’ve read about in a long time. It’s not because I am some long lost Digg fanboy. I used it, liked it, left it and moved on. If the service comes back or not I guess I could care less. What I think is absolutely awesome is how a small team (10 people) is going in 6 weeks to reinvent something. They are going to do it, they have told you they are going to do it, and they know you’re watching. They have called their shot, like Babe Ruth at the plate. Screw it up and they are the arrogant ones who bit off more than they can chew. Do it and be known for something very cool.
I love it when people do something completely hard core like this just to show the rest of the world that it can be done. Good luck.