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In theory, developing this a bit more would lead to searchable directories of files and an easy way to retrieve them, very similar to a torrent tracker.

That has significant benefit over shared files and I have to think would scare the heck out of dropbox because of the ire it might bring upon them. This would have to be a worst nightmare for them. Although removing deduplication would solve it for them (with significant increase in what has to be stored).

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