We pulled our bootstraps hard and tried to get it going, but soon realized that there's a pretty big flaw with the idea: most photographers have no idea that they should backup their photos. They know hard drives crash, but they never expect it to happen to them.
This meant that we'd essentially have to become insurance salesmen, convincing people that bad things will happen to them.
Eventually, we decided to shut it down, which I also wrote about: http://tghw.com/blog/well-that-sucks-what-else-you-got
The old homepage is still up at http://www.snaposit.com/.