Gamasutra has a short article on the announcement, GigaOM has some more details, and Cuppycake (Areae's community manager) has some information on why gamers should care about the project.
Link to Original Source
Arc, Paul Graham's lisp based programming language, has had it's first Web App released on the web. It's Startup News being hosted by Y Combinator the 2.0 VC firm. They now "... have a reasonably efficient Arc implementation, written by Robert Morris and me(Paul Graham) on top of MzScheme". I can't wait to contribute to
Any sufficiently advanced bug is indistinguishable from a feature. -- Rich Kulawiec