The OpenICC has been accepted as a mentor organization by Google Summer of Code 2007. LProf is part of the OpenICC proposal for SoC 2007 and has a number of possible student projects listed here:
But students applying can also propose other projects and all proposals will be given serious consideration. For a list of mentor organizations selected by SoC 2007 look here:
Students who successfully complete their projects will receive a significant stipend from Google. For details on how the stipend is structured look here:
If you are interested please start working on your proposal and getting your SoC 2007 student application ready right away. All applications must be completed before March 24, 2007.