the biggest problem i see is this
if you have limited storage space, you're either storing a lot of stuff/ a lot of big stuff (remember this for later) or you're not on a rtb dedicated or whatever
if you /are/ on a dedicated server, you have the storage space
if you still don't have the storage space, you have a decent internet speed, but if you don't have the storage space for all your files, you've got to pull the files that are too big to reside on-location over the internet whenever you want to use them
yeah i don't know if i'm being clear or not but I can't see a really good use for these besides database structuring, which seems above and beyond what torquestuff needs.
cool idea though. make a torquescript library and external python database server or something, make the lot of it open source, and post that. then everything can be handled locally should someone need it, you get to do something cool, and you don't spend money on a vps not many people will use
i could be wrong, just my 2 cents