This doesn't exactly answer your question, but if you are looking for an interesting free, open-source project that is written in Erlang, you should definitely check out CouchDB. From the website:
  Apache CouchDB is a distributed,
  fault-tolerant and schema-free
  document-oriented database accessible
  via a RESTful HTTP/JSON API. Among
  other features, it provides robust,
  incremental replication with
  bi-directional conflict detection and
  resolution, and is queryable and
  indexable using a table-oriented view
  engine with JavaScript acting as the
  default view definition language.
  
  CouchDB is written in Erlang, but can
  be easily accessed from any
  environment that provides means to
  make HTTP requests. There are a
  multitude of third-party client
  libraries that make this even easier
  for a variety of programming languages
  and environments.
The CouchDB website has more details. Happy coding!