I am incredibly skeptical about the plausibility of resurrecting Digg, but for 500k I sure hope they do. It was my first social media home and it would be nice to be able to go back to what it was; not a marketing front end for corporate prostitution.
Fingers crossed, but betaworks seems to want to take Digg in the direction it should have gone during the v2->v3 upgrade.
Oh damn, if they integrate that into news.me, they've shot themselves with a $500,000 proverbial bullet in the proverbial foot.
At this point Reddit can probably not be killed. The only hope that betaworks could have at success is a vanilla relaunch of Digg, minus the gaming problems and "advertising for hire" functionality. Remember Digg when Dragon Age: Origins came out?
Fingers crossed, but betaworks seems to want to take Digg in the direction it should have gone during the v2->v3 upgrade.