In other words, you want a decentralized, redundant morsel discoverer-replicator. To me this sounds like what BitTorrent already does with, say, movies. Any popular movie is already split into morsels and replicated a zillion times, so any particular download (computation, in our case) can immediately start running. Of course that's only true for files that are already well-seeded. But it's easy for anyone to come along with a new movie (dataset, in our case) and plug it in, making it easy for anyone else to download (compute with), and getting faster the more popular it becomes.
(MapReduce can do the computation easily... if you've first arranged all the data appropriately. But that "if" is what, in Carmack's words, "precludes most computation of opportunity.")
The reason I wonder if BitTorrent would be suitable for solving the hard part of this problem (discovering and transferring big data) is that it already has solved it, massively. What else would you need to get true ad hoc computation on arbitrary data? A query language, an evaluator for that language that knows how to compute with morsels and assemble the results (there's your MapReduce)... and what else?
One more point. You mentioned BOINC. I believe BOINC sends all input data to the client with each request. In other words, it's only good for computationally intensive tasks (lots of computation per unit of data). The same is true of GPGPU. That's why I brought up "average" as an example: it's a commonplace function that is not computionally intensive at all. The work is almost entirely in finding the data and accessing it.
What I really want to know, though, is who else has thought about using BitTorrent for this kind of thing, and what they think.
I think I must be misunderstanding you. Are you talking about some p2p system for distributing the code/data to the nodes? Like a decentralised BOINC?
The bit about BT that makes it special is the tit-for-tat negotiation system, which prevents clients from "cheating" by downloading and not uploading. In an environment where there is no motive for an individual node to behave differently from the rest of the swarm for its own gain, then BT's unique benefits disappear.