10KLOC per team is admirable, but one of the long-term projects I'm most excited about is Alan Kay's "Inventing Fundamental New Computing Technologies" project. They're trying to get under 20KLOC for an entire operating system + all "common" applications!
It's really exciting, and they've already made some great progress towards that goal. I recommend reading their first year progress report as it has a lot of the most exciting stuff about this (they just finished year 5):
http://vpri.org/html/work/ifnct.htm
It's really exciting, and they've already made some great progress towards that goal. I recommend reading their first year progress report as it has a lot of the most exciting stuff about this (they just finished year 5):
http://www.vpri.org/pdf/tr2007008_steps.pdf