Someone Get Hilary Rosen a Drink
Justin Frankel, the man responsible for WinAmp, Gnutella, and plenty of other stuff that's probably sitting in your hard drive, recently released Waste. The program makes it easy to create small, secure networks using public key encryption. Right now, it's primarily a chat client for tiny groups of friends who know each other, but it seems as though with tweaking it could be the mother of all p2p clients.
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Isn't Rosen out at the RIAA?
Check out Konspire2b - it lets you create public or private channels to which people can subscribe, over which you can broadcast content which they download automatically over a decentralized BitTorrent-style network.
You're downloading communism.