I think I have some small inkling of the frustration you're looking at, certainly I've seen enough of the discussion that I
ought to have at least an idea,
but before anyone actually starts down this path, perhaps a moment to consider where it might end up is in order.
Best case scenario, it'd take up a lot of time, effort, and other resources that wouldn't get put toward further work on the iLiad, delaying its future development.
However, I suspect that the most likely place it would end up (considering the start-up/spin-off that iRex presently is) would be with iRex shutting down due to legal deadweight and/or judgments against them. Which would leave the iLiad still no closer to where it was supposed to be in the first place, and absolutely no prospect of it getting any further at all, let alone all the way there.
I'm not necessarily trying to dissuade you, nor to downplay what I agree is a genuine grievance. And I know it's easy for me to sit here with my Sony Reader next to me and be all detached and clinical about the matter, but that's genuinely not what I'm meaning to do. I just think that the point ought to be considered before this gets too far along.