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"The Freecycle Network is an amazing Internet phenomenon."

That's what Fortune Senior Writer, Marc Gunther, wrote in his article for CNN Money, "The Amazing Freecycle Story," about the N2Y2 3rd place project winner.

In fact, Gunther is a Freecycle user himself:

"I've used Freecycle for years - giving away a TV set, a desktop computer, a bed and a chest of drawers. My daughter and her roommates used Freecycle to furnish an off-campus house during their senior year in college. Using Freecycle is a cinch: People with something to give post a message in a free Yahoo discussion group, those who are interested reply and it's up to the donor to decide who gets the object and set a time for passing it along. About the only rule is that everything posted must be free, legal and suitable for all ages."

You can read more about Freecycle's history, successes and challenges, along with some quotes from Tech Soup's President and co-CEO, Daniel Ben-Horin, here.

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