It looks nice, but was very slow in comparison to Google.
It also failed completely on the search term I tried. I think it’s a bit of a dichotomy, targeting Aussie sites but ignoring localisation. Particularly as that is the biggest growth area in search at the moment – average joe uses search to find sites AND as a replacement for traditional directory services.
Without the ability to reliably find local businesses, I don’t see how this can succeed.