I agree that OceanLog is a perfect candidate for open source. Not only is it already distributed at no charge by Oceanic, it seems to be a burden to them in the sense that it is a disapointment to many of their customers even with the time and resources they have dedicated to the project so far.
As an Oceanic VT3 user and a programmer I am especially interested in seeing this happen. Programming is voodoo to most non-programmers. However, to those of us that are programmers it's clear that OceanLog is suffering from issues that really shouldn't exist and most could probably be easily fixed. In addition the look, feel, and usability of the program could use some work.
Once released to open source the software quality would probably improve rapidly and Oceanic could simply distribute the latest releases that are known to be stable. It really would be a win-win for all parties IMHO.