The programming of the NXTCam-V3 has begun in earnest now. AndyM has set up the Source Forge project and the first couple of developers (including yours truly) have been added. It’s been set up so that each developer has his/her own branch of the source code to play with. This way we shouldn’t be able to get in each other’s way.
If you’d like to take a look and see what we’re up to, check out the Trac page for the project and hit the “Browse Source” link.