Good to see Con back. But three letter acronyms have too many collisions and this is one of those cases.
As soon as I saw the title of this post, I was instantly reminded of BFS - the Be File System http://en.wikipedia.org/wiki/Be_File_System
Although in this case it's a Kernel scheduler rather than a Kernel mode Filesystem driver (even though Linux already has kernel module named bfs - Boot File System!) - indeed a TLA may have been a poor choice for a really useful project!