CiteULike is a free service to help you to store, organize and share scholarly papers. With one click of a button (the hallmark of any ss program worth its salt), you can add any papers you find on the web to your citeUlike library. Citeulike also extracts the citation info so there's no pesky retyping or cutting and pasting. Works directly from your browser which means you can use it from any computer (ding!) and no software to install (ding!) The social element of the site is that you can see if anyone is reading the same papers as you and possibly use this info to trackback to other articles that might be of interest to you. It also lets you tag your sources for clear organzation.
I find this interesting because I've got folders full of pdfs on my computer that are taking up valuable space, and if they could be stored on another server and be better organized I'm all for it. I also like the idea of seeing what other people are reading, particularly being an online student with limited access to like-minded peers.
Downside: in information, as in life, sharing puts you at some risk. Your information on the web leaves an imprint that you may or may not want public. Big brother may someday be watching...
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