Digg this

From the digg website (http://www.digg.com/)

Digg is a technology news website that employs non-hierarchical editorial control. With digg, users submit stories for review, but rather than allowing an editor to decide which stories go on the homepage, the users do.

It's a neat concept. Check out the website and if you want to know more, the FAQ (Via potpuree, albeit in the real world)