I am doing some research for a possible future project and found this great paper talking about Folksonomies and their relationship to existing methods of classification/categorization.
Folksonomies – Cooperative Classification and Communication Through Shared Metadata
-James

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There is a really good podcast on ITConversations about this topic (http://www.itconversations.com/shows/detail464.html).
The panel for the conversation includes individuals from flickr, del.icio.us, and wikipedia.
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