“Exeem” was officially announced by the Suprnova teem today, and will supposedly be a decentralised P2P take on Bittorrent. It will not use the Bittorrent protocol, and will use an external link system similar to ed2k:// urls. Sounds alot like eDonkey to be honest.
Some claim that in fact it isn’t decentralised at all (much like eDonkey/eMule/overnet network relies on master servers), and there is an anonymous corporate donor backing the whole project. Interesting development to say the least.