Our take? A promising, more web2.0 driven equivalent of Open source giant Sourceforge.net. Swik is a nimble in comparison although it will be interesting to see whether SF.net incorporates more social networking features into its structure.
"SWiK is a community driven resource for open source software. Try starting a page about your favorite project, syndicating a blog for a topic, or browsing through tags people have added to projects or pages. SWiK contains information and news about thousands of open source projects and people are constantly adding cool new stuff. "