Hi, I'm Terry Stewart, one of the researchers on the project, and I'm also a regular reader of Less Wrong. I think LW is the most interesting new development in applied cognitive science, and I'm loving seeing what comes out of it.
I'd definitely be up for answering questions, or going into more detail about some of the stuff in the reddit discussion. I'll go through any questions that show up here as a start...
Not sure if this has been covered on LW, but it seems highly relevant to WBE development. Link here:
http://www.reddit.com/r/IAmA/comments/147gqm/we_are_the_computational_neuroscientists_behind/
A few questioners mention the Singularity and make Skynet jokes.
The abstract from their paper in Science:
I'm curious to see LWers' perspectives on the project.