LJ as a community-owned nonprofit

You all have probably heard about the massive layoffs at livejournal by now.

This guy is trying to get a community going to do a user community buyout of livejournal and potentially set it up as a nonprofit.  He needs all the help he can get. 

http://community.livejournal.com/ljuser_buyout/?style=mine

If you know of any other such efforts, please post them here.

OK, gotta go.  Off to the Indian Embassy.  More on this later.

Also, back up your journal to your hard drive.  Do it now instead of reading about what your friends ate for breakfast.

Tools for doing so discussed here: 
http://crasch.livejournal.com/745822.html
(I use ljarchive running on my windows bootcamp partition)