No no, I am sorry OldNSalty. You were definitely right. Open Source means unambiguously that you can alter, modify, change, add, remove code from the program (as for Linux). But important to know is: you don't have to. Just use the standard release and enjoy diving safely.
Of course in time some divers will add new functionality (for example deep stops) or other companies will add hardware (for example gas pressure transmission). Finally a truly tested new version will be released for free to be used by the OSTC dive community. And it is up you to decide to upload this new release.
Pro's or hyperbaric medical centers can use the OSTC with a modified decompression scheme according to their needs. They can add whatever functionality they want, software or even hardware. The OSTC concept makes it possible.
On the other hand, as you previously mentioned, changes do not have to be published to the OSTC dive community. One can alter the software primarily for own use.
The whole concept of the OSTC is focussed on future growth (but it is a fully functional dive computer, like any other dive computer). The OSTC is a very innovative piece of engeneering. Recall that the battery is replaced by a rechargable battery. Therefore more power consuming components can by used (the bright display for example) and gives other manufacturers enough power for their electronics. On the ScubaBase web pages (follow the link "Additional information" on the OSTC page) you can read more about program performance issues, memory capacity, adding new hardware and adapting the software accordingly.
And you are right: the display is surely not oversized. But I can assure you that when you look at the display when the instrument is on you have never seen such a clear and bright display.