Wow, just sw the demo of Apollo from Adobe and I was impressed. Check for example the scrybe calendaring offer, so coool ! (Apple are you watching ?, this is what Ical should be in Leopard).
I think this technology has the potential the change the web big time. With technologies such as S3 and EC2 from Amazon, access to cheap and highly qualified resources in countries such as India and China, massive penetration of FTTH, there will be so many opportunities for small start up to innovate on the internet.
Oh boy I love the web business.
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