Extraterrestrial life does exists, that's all there is...
Humans have already discovered them...but people in very high places keep it Secret. If you have time read about Wingmakers...and then tell me what you think?
I think the project is a good idea, and more people should take part in it.
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.