If only I could have the chocolate and the peanut butter together...
Future versions will provide map/reduce functions as well, probably in both Java and Javascript.
Terracotta itself is in effect a transparent ACID object database where collections can be larger than RAM and objects can be accessed efficiently on one machine or shared and updated in implicit transactions.
Which is the same reason Voldemort and Riak rely on third-party storage, or HBase relies on Hadoop.