But I don't think it's going to take off until there's a way to take down files you don't want published anymore. Even with the Internet Archive, if you add them to robots.txt, they will take it down. [1]
Removing things from the Internet is always going to be imperfect since there will always be people who archive old copies of files (and that's a good thing). But the official software should honor retractions or mainstream publishers won't be interested.