[edit] Current Projects

Genscher is working on 64-bit support for windows; he's posted some emails to the ML and needs feedback on it. Will start coding once kaito approves.
kaito is fine with uintptr_t
Fluid control - coming along nicely (see www.wxtools.com); implemented some little new things Nils had not (negative force and so) but main thing is the almost complete phase1 recode; phase1 = turn fluid into a modifier and clean all bad derviedmesh hacks, so I can directly access derivedmesh bstacles from modifier stack with no need for hours of export (much time + much ram needed).
ben2610 is working on various BGE optimization. Currently removing sensors from logic system when they are not active. Next, improving radar sensor, scenegraph optimization by implementing a dirty flag to avoid unecessary updates
Bobalicious and hcube are ready for a merge with trunk of the new sound stuff. Bobalicious will post a testing build on graphicall.

[edit] Summer of Code

Nick has new sculpting videos, [1] and [2]. He's currently working on fixing undo for sculptmode.
mxcurioni almost has SWIG replaced, and still needs to remove lib3ds.
UncleZeiv's lightcuts project now supports most of the lamp falloff types and all the diffuse shaders. He's also started writing an integration document at User:UncleZeiv/SummerOfCode2008/Integration. He's going to investigate the potential of rendering indirect lighting with lightcuts, and also think about the UI side of things.