Actually, it does.
Maybe I'm splitting a hair here, but the original concept behind this - which has changed a bit as discussion about it has proceeded - was to do something in puppetry that's modelled on the open source software movement (hence the name "Open Source Puppetry Project". So, for example, if there is a web site all of the videos would have Creative Commons Licenses so people could edit or "mash up" the puppet videos however they wanted. Just like open source software, people can post or download patterns that were used to build the puppets in the videos. Everything is free, the only cost of participating is the "freely use, freely give" principle which means that in order to contribute or benefit from the project you have to share your "source" i.e. the video files, patterns, etc.
I think this is a really interesting approach because it provides an amazing opportunity for people to learn and grow with an absence of commercial interests. It's the kind of "Creative Commie" approach that excludes commercial products in favour of open, free information and ideas.
Now I realize that what I think is being discussed now is more of just an online collaborative puppet show on the web and that's fantastic too. I think this should grow in whatever direction people want, but the model I outlined above is where the discussion about this started from way-back-when.