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On the project, on the one hand they have a BSD License for the core, which is a very generous license. On the other hand they have a very restrictive EULA for the browser itself, the "glazing" ... I don't see this combo go out well, the geeks they want to attract with the BSD license sure be much faster turned off again with the EULA. For the non-geeks they don't give a dime if the core is open or not.
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