The guys that created PirateBay are in the midst of creating a new site called BayFiles. It appears the site will operate like Megaupload and Rapidshare allowing users to upload content from the browser. It has a cost model that limits the free users to 250 MB, the also controls the amount of files you can download per hour.
It also does not have a search feature, so you need the link created when the file is uploaded to have access.
It also appears that they are going to “respect copyrights” now. Many analysts don’t seem to share that opinion.