Mark Goodacre (NT Gateway Weblog) posted a link to the homepage for the Institute for Textual Scholarship and Electronic Editing (ITSEE) a few days back.

Since it sounds like my kind of place, I poked around the website. Boy howdy! It sure does sound like my kind of place.

Poking around the site, I found this paper. It is a proposed paper for SNTS in Halle:

The Joint IGNTP/INTF Edito Critica Maior of the Gospel of John: its goals and their significance for New Testament Scholarship

There is some decent background of the project as well as a very nice worked example of the Coherence-Based Genealogical Method (CBGM) that uses James 4.12 as a basis. If you're into textual criticism, you'll probably want to read it.