Sure - it's supposed to be an OS that is distributed over very large networks - i.e. www.
See:
http://en.wikipedia.org/wiki/Web_operating_system
Note - in linux there is no need for any part of the file system to live on the same computer as the kernel or for much of the system to live on the machine you are working at. This takes that idea to extremes... but it's mostly an academic research project.
Web Operating System
