Ok, thanks for that clarification.
Then this
Untitled Page heading is confusing?
"New realtime search engine on june 2007- Watch this video"
"MyLiveSearch to revolutionize search industry".
The only way I see that you can make a reasonable relevant real time search engine is to have a lot of datacenters, restricting search to a specific IP range. Then pull out the x most relevant SERP's at each datacenter and combine them to an overall SERP set, that may increase (similar to AJAX pages being updated without having to reload the page) as you look at the results. You should have an option to choose the IP range, geographical area, country etc, you want to include in such a search. Isn't that a part of the way Google country engines function? I think Google is the best company to make such an engine.
I wait and see, but if Google plans to buy the engine, it should be good.