I had a good talk with some of the Metaweb developers last year and started playing with their Python APIs for accessing structured data. I wanted to be able to use this structured data source in a planned Ruby project and was very pleased to see Christopher Eppstein's new project that provides an ActiveRecord style API on top of Freebase. Here is the web page for Christopher's Freebase API project. Assuming that you do a "gem install freebase", using this API is easy; some examples:

require 'rubygems'
require "freebase"
require 'pp'

an_asteroid = Freebase::Types::Astronomy::Asteroid.find(:first)
#pp "an_asteroid:", an_asteroid
puts "name of asteroid=#{an_asteroid.name}"
puts "spectral type=#{an_asteroid.spectral_type[0].name}"

#all_asteroids = Freebase::Types::Astronomy::Asteroid.find(:all)
#pp "all_asteroids:", all_asteroids

a_company = Freebase::Types::Business::Company.find(:first)
#pp "a_company:", a_company
puts "name=#{a_company.name}"
puts "parent company name=#{a_company.parent_company[0].name}"

You will want to use this API interactively: use the Freebase web site to find type hierarchies that you are interested in, fetch the first object matching a type hierarchy (e.g., Types -> Astronomy -> Asteroid) and pretty print the fetched object to see what data fields are available.