An anonymous reader writes "3D printing is on its way toward becoming ubiquitous. Of course, if you have such a printer and want to print something, you need raw materials — the plastic filament that's fed into the machine. It's also likely that while you're learning the ropes, you'll print a bunch of terrible attempts at objects, and end up having to throw them out. Now, Wired is reporting on a device aiming to solve both of those problems. Tyler McNaney's 'Filabot' will break down failed projects as well as many other plastic items from traditional manufacturers, turning them into a filament you can then feed through a 3D printer. 'So far the plastics that work are HDPE, LDPE, ABS, NYLON. More to come on the different types that work.' McNaney sees it as a 'closed-loop recycling system on your desk.' The Filabot's Kickstarter campaign succeeded easily in 2012, and now he and his team are getting ready to launch."