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I like it. With the size of hard drives now, it seems like that would be a good trade-off against bandwidth (which is scarcer). It would save bandwidth and speed things up, two things much more desirable than a few more megs of HDD.

I suggest that you make a blog post or Tell HN about this and post it as a top level submission. I'd love to hear more opinions about this.

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Go for it if you're passionate about it!

I understand the principle but don't understand enough of how it would actually work to speak for it as much as I'd want to.

Such a technique could also be especially useful for low bandwidth situations, most notably Paul English's proposed Internet for Africa effort, http://joinafrica.org/ .

If you're interested in this pursuit you should also look at SPDY, Google's suggested augmentation of HTTP. It would probably speed up the web more than better compression in many cases.

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