Loopnote is a way to keep everyone in the loop. You setup your group of friends, fans, band members, family, whatever, and Loopnote will basically broadcast alerts to everyone via RSS, SMS, Email, or IM. Fused with the ability to search or browse loopnotes socially, you can subscribe to notes from other users. Honestly, I am not quite sure what the value is to that right now, unless you already know the person. Most of the loopnotes available for perusal are podcast-wannabes it seem like. A way for people with too much to say to say stuff across multi-protocols and people will want to receive notes like this? Doesn't quite make sense, but this isn't the service's focus, simply the content that exists in the directory. I could see many bands using this as a free way to let fans know about upcoming shows and other such applications.