Crowdfunding for Science - Can it Succeed?

jearbear writes: "Can crowdfunding work for science? Having raised nearly $40,000 for scientific research in 10 days for projects as diverse as biofuel catalyst design to the study of cellular cilia to deploying seismic sensor networks (that attach to your computer!) to robotic squirrels, the #SciFund Challenge is taking off like a rocket. Might this be a future model for science funding in the U.S. and abroad? What would that mean?"