I beleive ET life does indeed exist. It is only a matter of time before we discover them or them us. The benefits could be tremendous, but on the other hand, could also be disastrous. I beleive that the latter is less likely. I would like to know though if the combined efforts of myself and others is getting anywhere.
SETI@home and Astropulse are funded by grants from the National Science Foundation, NASA, and donations from SETI@home volunteers. AstroPulse is funded in part by the NSF through grant AST-0307956.