Let me tell you how this will work, if it's a plausible business plan. First, the early adopters will benefit. Then, as more and more people use it, it will encourage more traffic as the opportunity "cost" (traffic jams & parking) can be partially mitigated. Finally, it'll evolve to the same point as before, or even worse - everyone will be trying to avoid the jams, everyone will be going for the same parking spot, and the next big thing will come along promising to solve both problems.
I solved both issues by bicycling to work. It saves $15 for parking (plus around $2 for gas, wear & tear, depreciation, etc on the car, at a conservative $0.25/mi) or about $4.50 in bus fare.
It also has helped me lose about 30 pounds.
I've known other people who do a combination car/bike ride - drive to the outskirts, then park in a residential neighborhood, grab their bike, and commute through the traffic and navigate parking that way.
Assuming you're fit, and can dress for the weather, it's actually easier to avoid all the problems of driving in dense urban areas.
So yes, just checking in with a smug post. :p