Orbit Your Own Satellite For $8,000
spacefellowship.com
spacefellowship.com
Again, they may be for real. In any case I'd expect to see some of the new companies succeed in creating a cheap nanosatellite launcher within 5 years.
http://en.wikipedia.org/wiki/Binary_star#Use_in_astrophysics
Meantime, the engineering challenge is: what would you like to do, given a power source, transceiver, ~200 gram payload (although apparently they're stackable in groups of 2, 3, 4), and a few weeks' worth of low-earth orbit?
However, there are a lot of companies and universities looking into small satellites, since it is much, much cheaper than launching larger satellites with expensive payloads. There is a lot of research in the area and a lot of small sat conferences as well (e.g. http://www.smallsat.org/). If this pans out, it could be the end of the US government's large satellite oligopoly, which currently consists of only a few large companies like Lockheed Martin (disclaimer: that is where I work) and Boeing.
This looks like the company providing the launch vehicle, http://www.interorbital.com/Neptune%20Page_1.htm
Their website is terrible. It looks like something from Geocities. I went to Wikipedia to see if they were real or not.
I would have thought that a company trying to do something so glamorous would have made more effort with presentation on its website.