Traffic Server is finally here (Y's http proxy/cache server)
ogre.com
ogre.com
Traffic Server looks to be well designed and implemented (especially compared to Squid), but it's still based on exactly the same idiotic 1975 assumptions.
But, this is certainly a good thing. Traffic Server was an extremely good product in its heyday (my previous Squid-based company competed with Inktomi-based products), and maybe an Open Source version will be good for the eco-system in general. Varnish gets mentioned a lot as a super fast alternative to Squid, but it has a very limited set of use cases compared to Squid.
It also is actually good at a limited set of tasks, instead of just being mediocre-to-terrible at %90 of everything some bureaucrat thought might be useful 5+ years ago, all in a monolithic pile with awful configuration.
And, there are no bureaucrats involved in the development of Squid. The Squid team are old friends of mine, and they are smart, competent developers working with a much larger set of problems and compatibility issues in a much larger codebase than most of us have to contend with, and they do a fine job of it. As is shown by the market leading position of Squid; it is the most popular Open Source web caching proxy server, by far.