I see app.net as a project/product by someone spurned by closed systems hoping to build a more open and egalitarian system, but it still is centralized. There is a leap of faith to believe that this goodwill will not alter over time (as business needs change, etc.).
Ideally, I'd love to see something more in line w/ what Dave Winer has proposed -- decentralized services not controlled by a single entity and the like. However, Diaspora was one such attempt in that arena and did not do well.