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Well you know guys... it's a thing to have the data for personal use, only you no matter what! Another thing then is the possibility of a government or corporation to use something like this.
With all the debate going around these days about personal data being used for different purposes, SOPA, PIPA, ACTA, social networks I would be skeptic about the idea. I think it's a very interesting idea and it should be funded for researching purposes only but in no way for everyday use, at least for the moment...