They have been around for just over two years now and I am starting to use them now. I like the easy layout and one thing I really enjoy is the tool that I added to my blog site. It allows you to see the look of a links website before you visit just the same as they do it on Snap.com.
As for their search results they are building their own database, but they still have portions of their results coming from others. Below is that list from their site.
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Portions powered by: Gigablast, Smarter.com, SimplyHired.com, X1 Technologies, Inc., Picsearch | Enhanced by Ask.com
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Their advertising program for those that are looking for low cost advertising is pretty nice as well. Take a look at my latest article on my blog and it tells you more about that. You pay for conversions and not clicks in their model and that can be helpful to those that are try to maximize their advertising money.
Will it be the next Google? Hard to say, but anything is possible if it catches on.