I'm the originator of the drogulus.
First things first: it's an unfinished work in progress and an experiment on which I've been hacking during my 40 minute train journey in to work. So, yes, "something something - Kademlia-like crypto-signed homoiconic datastore - something" just about sums it up.
I can't spend a lot of time answering right now, but I gave a short presentation about the drogulus at this year's Opentech in London which resulted in the following blog post (giving a high-level overview of my motivations and intentions): http://ntoll.org/article/ppdd I followed up with some clarifications in this post: http://ntoll.org/article/drogulus-questions-and-clarificatio...
I have several more blog posts in draft form about other aspects of the system.
It's very early days and I'm pretty sure there are lots of problems with what I'm doing. But, as I mentioned in the first post referenced above, I'm having too much fun to stop. ;-)
Happy to answer questions and constructive feedback, comment and critique is most welcome.
N.