I have a sneaking suspicion that this topic will cause some flaming, but I'm just curious what people think. If, and that's a big if, the code is released and 1) it is opensource, and 2) it is truly distributed, then I'm wondering what the potential is here. Probably pretty major.
Although I will say this much - good luck trying to explain the "trust" concepts to the ordinary user. Its difficult enough trying to explain Bitcoin to people.