Sorry if this may sound a bit blunt, but considering banks around the
World and Europe currently worry about their investments in Iceland this
is pretty sure to have some effect on other branches of Kaupthing Bank, too.
On one hand the pace of actual development (or at least newsgroup
traffic here) has been extremely low. Showing only 29 new messages and
barely 2-3 times more at all since its inception about a year ago
(even Babel got 60 and that is also a more "Exotic" project where
contributions largely happen on the server side behind the scenes ;-)
Let's see what is going to happen between now and ESE next month?
Should there be a major drawback on the ability of Kaupthing Luxembourg
to contribute, then of course the question of synergies or even mergers
with other projects like CloudFree (once it got on track itself) sounds
to make sense.