Officially, the first block isn't starting until September, but you can get all the details now and go on a fabric shopping spree so you're all set when September hits. It is Halloween themed, but most of the blocks would be suitable for other things too.
I'm planning on doing it, although its unlikely that I'll be finishing the quilt as a full quilt in the way its designed or using similar colours, but it seems like a great way to learn new skills and quilt blocks without it being too stressful. There's no obligation to keep up with the rest of the group, and you can skip/join/leave whenever you want to, which is about as much responsibility as I feel up for right now.
If ya'll would like to join us, we'll be on the Craft Hackers forum.