Building a noise filter for Twitter: http://www.philtro.com
If it's not supposed to be secret, how does it work? Does it look for similarity of what you like or does it weight people in your feed and just skip x% of tweets from heavy low-value tweeters?
Today, that's still one of the methods we employ but it's certainly not enough to make solid recommendations or wrap IP around... so, I've built a team of people much smarter than me to help take this thing to the next level. :)
We've been building and improving the algorithm for a few months now -- it's certainly got a long way to go still but, on the other hand, it's certainly come along way so far. :)