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That's almost certainly the right strategy for you. The people who founded cuil had a solution in look of a problem, in that they came from the search infrastructure teams at Google and wanted to use those skills. It turns out that running a search engine on very few machines isn't much of a competitive advantage, or even having a very large index.

They also got a lot of marking out of their "ex-Googlers take on Google" narrative which probably wouldn't have worked out as well if they were using something like your strategy.

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