Spotting your signature, I wonder if you know whether "fourthparty" is considering a revamp / overhaul on the order of the most popular ideas in this thread? Like Pathfinder, but going further to fix and improve more things.
Boy, I wish. If you joined and created a thread, perhaps you could recruit a few good people. I do know of two internet community attempts, C4 and the 4e SRD Wiki (I can link to them in a later edit). I think there may be one or two more besides that, but I'm not sure any of them have the legalese fully sorted out, or the resources to really produce it.
That said, if the system was tight, and the community was involved, and playtests ranged the 4e games going on here even just here on EnWorld, I'd happily use it. I imagine many of us would. I trust many of these community members more than the current design team. I just wish they could contribute some of their genius to actual personal projects, cause I know they'd be awesome.
Fourthparty is largely an effort to produce grassroots supplemental support in any form, but unfortunately, and I'm partially to blame, it's tough work when it's not your day job. I think deadlines are the most difficult thing to inspire with a community effort, never mind finding time and energy, maintaining interest, and actually running games for fun alongside of it. There's no pay, either. Hah, yeah, excuses, excuses...
For what it's worth, if we could create a comprehensive list of fixes born from this thread, and another list of mechanics for the larger 4e fan base to try out, I think we'd be on to something.
I'm actually curious how some people flattened, altered, and tweaked the math. Some have alluded to doing so in houserules already, and I really would like to see specific numbers if possible.