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^I think he's trying to say that if you invent email then you will make infinite moneys and put hotmail out of buisness. Perhaps he had trouble attaching a file and sending it through hotmail and therefore failed to receive on-time credit for something that he ended up not handing in on time. thats my interpretation though, could be way off.
You're sendind a document by moving the folder towards the other computer, the document can travel from computer to computer. WITHOUT USING ANY TYPE OF EMAIL device. It move from one computer to the other.
It's been invented. I think. Most laptops have close wireless access points installed into them, or you can install it. OR, you can just get a cross-over network cable that uses an RJ47 connector (phone cord tip), and hook it up to both end devices. I can't remember how it works really. I learnt it last week though in my networking class.