Sounds like a nice idea but isn't Google News already doing a decent job on this? It's going to be hard to beat the speed of Twitter or Google News in my opinion but I'll be curious to see where this goes.
And, philosophically, do you HN folks really want to rely on the MSM to tell you what's important? And likes, shares and troll-ridden comments on news stories?
Or do you want a democratized way to decide, collectively, what news stories and facts are important.
Don't forget the NYT, etc. screwed up on no WMD's in Iraq.
I was at a small group dinner with Judith Miller, ex-NYT, who's nice but she messed up.
Who's checking the mainstream media?