Also, if the IPFS's idea of working as local server is sound, BitTorrent DNA(browser plugin, steaming video over BitTorrent) should had been worked.
It seems to me, they suffered NIH syndrome. They tried to reinvent the wheel. The P2P file transfer protocol over IP has already been covered by BitTorrent. What we need is a nice front end which use BitTorrent protocol as back end and offer a illusion of Web site.