I had hand registered this name, lofiloop.com a year or so, and sat on it for a while, originally intending to let it age for a few years.
Then I had this idea a few weeks ago: build an mp3 sharing site using Drupal as the content management system. So I threw together a mashup of contributed modules, probably about 70 (<--this number updated daily) of them, and attempted to but together a nice site. Ideally, a site that people will want to visit every day.
I started developing it on my local server, and it quickly began to take its shape within a few hours.
So far, as of April 2nd 2010, today, progress in the development of this site has stumbled a little bit, because I am one person after all. The basic framing and functionality of the site is complete, however. Basic user functions such as viewing, uploading, tagging content, downloading content, establishing relationships are in place. The layout is decent, serviceable for now, and the process of registering new accounts or uploading mp3's is painless.
So why am I saying all of this?
1. I'm pretty baked.
2. I never finish projects in a reasonable timeframe due to poor time management. (See number 1.)
3. The software is secure enough to allow user activity (As in... strange people like you).
4. lofiloop.com is way cooler than 127.0.0.1 or localhost