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I've enjoyed listening to Mixcloud over the holiday period. They've taken the best community ideas from Flikr, Youtube, Vimeo etc and applied them to audio.

There IS a killer application, it's one that is proven in practice, and delivers results every time, if applied wisely. In some cases - multi-million dollar results. In fact, as I started compiling my list of value delivery through KM, I found that most of the success stories related to this one application. And it is not a software application at all. It is an application of minds. It's the Peer Assist.