Roadmap to 0.1
sloggerd
1) Stable with MySQL, Postgress, and Oracle.
2) detect loss of database connection and re-establish with out loss of data
3) Work properly with multiple daemons on one server
4) Single server to handel multiple servers.
5) Good logging of statics
6) mailing of alerts to specified address for a specific time frame.
7) Good debugging logging
Sensord
1) Able to start at any time.
2) Detect is snort dies and alert on it.
3) Able to log to multiple sloggerd's
4) Detect if it losses connection to sloggerd and reconnect
4a) Email if connection to sloggerd is lost, and unable to re-establish
5) Good logging of statics
6) Email if specific sig's are alerted on
7) Caching of alerts if it losses connection to sloggerd, in RAM for a limited amount of time, then written to a file.
8) Read alerts that have been written to a file, and reinsert them

more info.
That's all good and dandy, but what I was looking was less of a road map and more of a project description. These are the features that it will include, this is how we'll try to implement them, these are the libs/API we'll try to use.