A great intro to the theoretical reasons ternary might have some promise in computing is this 2001 article from 'American Scientist', "Third Base", which quotes Knuth calling balanced-ternary "perhaps the prettiest numbering system of all" and also discusses an abortive Soviet effort in the direction of ternary computing:
http://web.archive.org/web/20011205185830/http://americansci...
In an aside, the article hints that e-nary digits (base 2.718…) if somehow made practical/meaningful, might actually be better than ternary (or perhaps even optimal?).
So maybe this paper's observation that ~"1.58 bits" (ln2(3) binary-digits) is a sweet-spot could be further refined into some method for representing the state of a e-nary-modeled algorithm in ln2(e) binary-digits (~"1.44 bits") per underlying e-it.
(As it may be of renewed interest, I've also put this 2001 "American Scientist" base-3 intro as a new HN submission for discussion: https://news.ycombinator.com/item?id=39541756)