As a Free Software stalwart, I’ve long considered Google Web Fonts a magnificent service: the fonts are Free, and Google hosts them for free, so that everyone can have web fonts on their websites.
Now Google Web Fonts are promoting type design projects, to bring more Free fonts to the masses. I would supply a link but Google have deigned to use JavaSript to load frames, alas. Instead, you’ll have to make do with a screengrab:
Big smiles all round, the combination of private venture capital and Free Software principles :)
PS Font Squirrel is another fantastic service for creating web fonts, focussing on free commercial usage.