UPDATE: Here’s Anool’s writeup on the project over at wyolum.com
The code is here: https://github.com/wyolum/TiM
Buy TiM here: http://www.seeedstudio.com/depot/TiM-p-1516.html
or TinyTiM here: http://www.seeedstudio.com/depot/TinyTiM-LED-board-p-2392.html