I like how my home/property has ~70 addresses and none are similar. To use this I'll need to pick one and make sure its used exclusively, otherwise I'd not only confuse the postman, I'd confuse anyone I need to give location to. Without organization or structure of the words I don't see how it's helpful. Knowing the destination and my latitude and longitude, at least I'd know I was close, without having to reference this service.

An new address solution should solve multiple issues, utilizing existing knowlege, without making it more difficult.

Logical organization should be included. For example, we typically know where England or Canada is, or know the difference between SanDiego.California or adrar.algeria and subdivide from there. At least at this point, most people would know a general area without having to reference forgot.paved.ruler from an external source. "Hey meet me at forgot.paved.ruler, it's just down the way from mixers.gulls.sing, or was that sings?.." Forgetting that 's' puts you on another continent, but it's close enough?