An update on Truecrypt
I cannot explain exactly why but something about this project rubs me the wrong way.So much time spent doing bureaucratic things, organizing, raising money. 
Have meetings, setup a board.Did the authors, the people who wrote the code, that did all that work, receive such ample payment for their role?  Should not some of the money raised be offered to the developers?  (Some say that they are anonymous I dont know if that is true, but they do take donations on the site)
Lets give them 70% of the money raised  to work on TrueCrypt and make it even more amazing.They developers did all that work for free (?) , but now these people have to get paid really well to see if what the devs did is correct.Seems to me most of the money goes towards hiring a for profit consulting company.   Great way to drum up business I guess.Meanwhile:  From the official TrueCrypt FAQ:Q: TrueCrypt is open-source, but has anybody actually reviewed the source code?A: Yes. In fact, the source code is constantly being reviewed by many independent researchers and users. We know this because many bugs and several security issues have been discovered by independent researchers (including some well-known ones) while reviewing the source code.So the reviews and audits have been going on for a long time by many individuals around the world.   Anyone can do it.As far as I know, Linux has never been subjected to a formal audit. 
it has been gawked at by thousands and thousands of individuals. None
of them read the whole thing for sure, but parts.