MyLife Bits: how to store and recover a complete life of information

The original link to this interesting project has been provided by eHomeUpgrade one of the best Blogs on prosonal home network technology (with a very good useful vs. hype ratio). MyLifeBits is what you get when you are able to digitize every bit of content happening in your life (photos, music, documents, voice mails, meetings ...) and put it in a single searchable repository. The weak points are: how do I input in a time effective way all of this stuff in my repository and how to label and organise knowledge without spending too much time on it. Maybe Google with his Desktop search engine might have an interesting solution to the last point.