For instance, it seems like there are two main concerns floating around:
a) multiple instances of pd
b) separating GUI from core
I would add a c) here which is what pd-l2ork has been doing, namely getting rid of all known bugs and streamlining experience until it reaches a level of stability where issues are a rare occurrence. My take is that refactoring becomes a lot easier at that point because one will have a much better idea what components should look like. Otherwise, fixing things post-refactor will net in even more headaches where two parts may end-up being potentially out of sync with each other, resulting in a broken app.
There are other suggestions like platform-specific vectorization and multi-threaded support, but if you try to do these at the same time, you reduce the chance of ever getting the code back into vanilla. They can be taken on after.
IMO, the best thing to do going forward for a) would be to sync up with Miller and what he netted out with last time this was discussed ( see thread: http://lists.puredata.info/pipermail/pd-dev/2013-12/019702.html). It seemed like he was proposing to take a hefty chunk of the work on, or maybe if he is confident in merely the approach, someone else can have a go at it.
Having been on this list for quite a few years, I know of only one person who was allowed to significantly contribute/alter the core and that was Hans. And even that amounted to mainly cleaning up tk code to make it more legible (yes, this is a gross oversimplification, there was internationalization, console verbosity, and many other little things, but in general the brunt of the work was lateral in nature).
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