@hatts, true, the chances to generate profit are slim. However, i am looking at this project as an experimentation. I hope that i do have the experience to balance a reasonable amount of hours put and a good result.
@mirk, thanks again for your input and for the negotiation tips you mentioned. By the way, the link you posted is very interesting. Thanks.
@chevisw, i agree with your point of view and that is the way i am trying to approach the project. Yet, i understand the voices that say not to get involved. Sometimes, even if the logic says “no” it is good to have a first hand experience with failure. As long as this failure does not have irreversible consequences, through this process i do hope i will learn some things.
Thank you all, and i will try to keep you all posted with the evolution of the project. Still, of anyone else has hands on experience as a member of a kickstarter product development team, please post your story.