Oh, nevermind, it's a #nosql site. I withdraw my argument.
FriendPaste is neat, but it's not as daring as letting people run a bunch of different languages on your server like CodePad does. I imagine one reason it's not open source is that they're relying partly on security through obscurity. I would be if I were running such a site.
BTW, I did check it out more in depth, and its python interpreter runs "import datetime" and "print datetime.datetime.now()" fine, but gives an error than an md5 library is missing when you try to run "import urllib2". So it supports some standard modules but not all.
I'd also like to see one that runs client-side JavaScript, but displays a warning and requires you to click to run it until it has been marked as not malicious.