I like that. I want nothing more than to see this project through, and as a hopeful budding entrepreneur, I do see ways we can make this project truly the Second Bitcoin Whitepaper. The main emphasis should be on communication, communication, communication, and from there I believe everything will work itself out in the best possible way. I'll look at getting a secure laptop on which to store said keys right now. In the mean time we can discuss the specifics of how this agreement would work.
Cool.
I don't think any bitcoin client implements multi-sig yet, although armory is getting close. Perhaps the veto power should be informal at first, and once a way to do multi-sig becomes available, we can codify it using m-of-n multisig.
Does that sound good to you guys?