I'm sure there's a lot of junk, and perhaps we need a peer-review value as well as the existing categories for alhpa/beta/release and whatnot. In this case, the fact that we can't tell what it does without reading the code means that nobody will use it for other than amusement purposes. I have a bigger issue with one that claims to do what I'm looking for but is really junk.
As for the meaning of kilo and mega, actually he's right, and our usage within the computer industry is a non-standard appropreation of those prefixes, and it bugs scientists in other disciplines. See Prefixes for Binary Multiples. Unless manufacturers start using it on product packaging, nobody knows what I mean by "Ki" or "Mi", so I like to write a subscript 2 instead, K2, which means "base 2" and is more obvious.
—John