Fisking PegasusNews

Steve Rubel sent me a link to a post he just did about PegasusNews, a “hyperlocal” stealth project that reportedly is going to launch a local news site in Dallas, then launch 25 more sites around the country.
While I applaud the ideas, the hyperbole –and their anonymity–put me off–and their blog message seems pretty unchanged from August to now.
Being from the show-me state of New York, I need to see something before I buy into the hype–so guys, where’s the goods?