This seems to be generating some buzz…
Snipplr is a public source code repository that gives you a place to store and organize all the little pieces of code that you use each day. Best of all, it lets you share your code snippets with other coders and designers. Did we mention it works with TextMate, too? It’s code 2.0.
Heh. Gotta love the Web 2.0 compliant name.
Also notable, if you write a Snipplr plug-in you could get a free t-shirt.
Update: Check out the note from Tyler about the name in the comments.