We don't NEED another encryption method... (Score 1)

A new encryption technique?

Yawn.

Unless it does everything one of the existing crypto algorithms does 10 times faster, or with 10 times less memory, who cares? Why would anybody bother using some new, untested algorithm when there are plenty of good alternatives already, some of them FREE??? Even if it was infinitely more secure than Blowfish, so what? Blowfish is PLENTY secure...

A new crypto algorithm makes a very nice PhD dissertation. But it's commercial value is pretty much zilch.