I am wondering. From the benchmark, it is obviously slower than memcached. Why someone wants to use this instead of memcached which has better support?
This said, Tokyo Tyrant performs better than memcachedb and offers more features (such as master-master replication and Lua scripting).
I posted a comment a while back on Tokyo Tyrant vs. memcachedb: http://news.ycombinator.com/item?id=480055
You could also store this in MySQL, but generally, storing key-value data is not the force of a relational database such as MySQL and LightCloud (and other key-value databases) are optimized for this kind of storage.