Ryan, one of our local .NET user group members, has posted a new CodePlex project. For those of you that don't know, CodePlex is an online open source community hosted by Microsoft. Developers can create new software projects and upload them to CodePlex for use by others in the community. Ryan has posted a new Cache mechanism called NCacheD for use in .NET applications. Take a look if you're interested!
NCacheD is a simple distributed cache system written entirely in C# 4 using WCF and the TPL. NCacheD offers functionality similar to that of memcached but scaled back. The only functions available are Get, Set, Delete, and GetSize. The client API also includes an OutputCacheProvider for use with ASP.NET.
http://ncached.codeplex.com/