Thoughts on Google+: I fucked up. So has Google 12 years ago
Articulate and thought provoking. #SDH
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AAinslie
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A Compassionate Capitalist.
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There's OneSocialWeb http://bit.ly/OneSocialWeb with a great engineering team (talented chaps like @eschnou) and backing of deep pocketed Vodafone. Open sourced under an Apache 2 license.
Also there's the free open source distributed/federated www.ThinkUpApp.com from Gina Trapani and Anil Dash which can probably be built out into something along the lines of what you are thinking.