This is all very interesting...
But as I'm reading this I wonder why would someone (aside from an internet cop, maybe) want to bother looking up "yesterday's papers"?
Well Frod let me explain. Lets say sally joe posts some really important info. A year later sally comes back and deletes it. It will be in the archives none the less...
It's a public library that stores information just like libraries keep newspapers years back. If someone dies and their site and info gets deleted, its gone. This prevents that. Have you checked it out? its not just "archiving websites" thats one of many things.
Music, audio books, video, educational material, congressional and government documents, software, books etc. And this is Global. All PUBLIC information nothing private but still to be able to go to one site for reference material on just about anything is awesome.