>>newscl+(OP)
There's one obvious potential application, which is caching of common requests. If something like segments of streams or any CDN contents is cached on the satellite, it reduces communication to a single hop for a large portion of traffic (IIRC, 70% or so?). Storage is very lightweight these days and failure to read cached data is not critical, so putting lots of SSDs on a LEO constellation satellite seems like a no-brainer to me if you're trying to optimize bandwidth usage.