The idea of developing a "new" operating system for old PPC Macs is pretty interesting. It's obvious that PowerPC distributions of Linux and BSD already exist, but those are problematic, for reasons. (Mostly because the reason to buy a Mac was never because of its hardware, but because of the software, and the integration between the software and the hardware that Apple can build.)
It's interesting to see hobby operating systems develop, but I would honestly be more interested in it if it were an OS for a Tegra development board, or for the Raspberry Pi computer. Those things are going to be more inclusionary for the development of a new OS anyway (because it's easier and cheaper to get a Pi than most PPC Macs), those things are quieter and lower-power to run, and I would actually bet money that the new
Jetson TX1 development kit is faster than a G5 Quad. (Though, you'll
pay through the nose for a Jetson TX1. No longer is nVidia doing the cheeky "$1/CUDA Core!" thing they did with TK1, which was $192.)
All of that said, the Pi is probably the best place if you want a non-Intel platform to develop a new hobbyist OS. There's modern POWER hardware from IBM and Tyan, but that, which
actually cheaper than RISC UNIX workstations of yore, is still not exactly something you just sort of buy on the debit card one afternoon because you felt like it might be neat.
On a more general note of encouragement, I know there are going to be those who beleive the idea of developing anything for 10 year obsolete hardware is a moot point, and that the PPC platform has it's critics... whilst these critics do in some cases make some valid points and judgements, the fact remains there are people still developing software for Amiga and Atari after a couple of decades due to the demand from enthusiasts and afficionadoes of the platform, and there are more than a fleeting minority who reap the benefits of the same kind of continued unofficially sanctioned development for the "obsolete" PPC platform.
The Apple IIgs as well. It's interesting to see what happened to the platforms that died in the '80s and '90s. Hobbyists have recently released GS/OS 6.0.3 for example, and I've seen interesting stuff about Atari TOS (and a replimentation thereof) on coldfire hardware, and the plight of the Amiga user is well known at this point.
I think part of why none of that ever happened for the Mac is because Apple and the Mac each continued existing. If you go purely by names (which you have to to believe that the current new Amigas are really related to classic 68k Amigas) then you understand that a MacBook Air is the logical ultimate successor to the Mac Portable.
PowerPC stuff is even common in some networking equipment at this point.
The question is whether or not developing a modern OS is really relevant for users of PPC Macs. Most people who get into the "Mac" do so because they wanted a Mac, not specifically because they wanted a PowerPC computer, or because (somehow) they think that any of the architectures Apple was building were any good. (Unless you judge goodness only by what came before, and you also conveniently forget that anything with a G3 ever existed.)
Linux and BSD for PowerPC Macs are therefore problematic because they say "well, the hardware's still relevant, but you have to give up the software you were running on it." The SGI IRIX community has essentially dismissed this out of hand, in part because Linux/BSD support for SGI's MIPS hardware is completely abysmal, and in part because the whole reason you used IRIX (ever) was because of its applications, not because you actually thought IRIX was a really good UNIX system. (It was passable, but security was worse than in everything else. You were probably there for the graphics cards or for the scale-up high performance systems SGI built with what they got from Cray.)
Reimplementations of an existing OS are probably more interesting than Linux/BSD on PPC Macs. If there was some modern operating system that ran on faster powerPC hardware that claimed to support running Mac OS 7/8/9 applications, for example, I'd be pretty interested. I'm also a bit more interested in the implications of a hobby/demo OS such as this, but I'll be honest, as somebody else has already pointed out, this OS already runs better on x86 hardware that's faster, more reliable, easier to come by, and more convenient to use in most cases. (Especially any case where performance is important.)
The implications of MorphOS on Mac/PPC hardware are pretty similarly interesting, but it looks like the Amiga/MorphOS people are really moving in the direction of new boards with QuorIQ CPUs, and things like the X1000 -- Probably in an attempt to get something a little more sustainable for themselves, something a little faster and less brain-dead, design-wise, more flexible, and closer to the original Amiga design goals, which as I've read, favored the GPU heavily over the CPU.
Ultimately, I think it depends on whether the goal is "make a Mac more useful" or "run a more useful OS on this hardware" -- each of these things has different implications and is going to appeal to a different set of people.
This project essentially aims to build an OS more useful than Classic Mac OS, and more... (secure? updated? relevant? interesting?) than Mac OS X. It's going to be hard in a lot of ways.
Hardware support is going to be insane, for example. Because the list of "supported" Macs is essentially anything with PCI or newer (so, you're talking, 7200/75 with its blisteringly fast Pentium-crushing 75MHz 601 CPU is ostensibly supported) you're talking about building something that scales well from a single 75MHz 601 to a quad 2.5GHz G5. I'm not always super supportive of the Quad, but even I have to admit that it is faster than a 7200. Not only are you talking about a big difference in processor speed, but a 7200 with 8 megs of RAM isn't impossible to find. Building one OS that'll run in both 8 (or heck, 64) megs of RAM and 16 gigs isn't going to be an easy task. I suspect most of this is why you don't hear about Linux for oldworld at this point. Even heavily upgraded oldworld machines (and, they need to be
heavily upgraded) will still not be fast as a good dual G4 or most G5s.
The other thing is that because you're ultimately proposing either building a new scene, or converting an existing scene over to a new OS, there's a lot of software work to be done.
One thing that would be really interesting ot know is of the people who are still using late PPC machines, what are they doing on them? Is it really just a bunch of people using tenfourfox to talk about how terrible Apple is on here and macrumors, and visit blogger sites? Or are people still using period apps like final cut, aperture, the whole creative suite, and even higher end things like Maya, Mathematica, and whatever?
I have my own suspicions.
On the other hand, because of my suspicions, the people who are using Macs for productivity with those kinds of programs have probably long since moved on to a more modern Mac or Windows computer, leaving the remaining Mac/PPC user base susceptible to suggestions of a switch to a new OS on their existing hardware.
though, you still need to consider the fact that people who are on Macs are there because they're Mac-Like. In ~1986-1990, the motivations for buying an Apple II, Mac, ST, or Amiga were all totally different. Most Mac users were there because they wanted to get away from some of the really technical aspects of daily life on an Apple II or Amiga.
Selling Mac users on an experience really designed for Apple II, Amiga, or ST users isn't going to be easy. Perhaps this is one of the more interesting things about the early days of Mac OS X -- Apple was really building systems capable of a few different experiences, and the $10,000 UNIX workstation market was definitely interested in Apple, because they were building competing machines for a lot cheaper. At the time, Mac users were legitimately worried that it was going to spell the end of their platform as they'd known it -- an easy and predictable graphical environment for people who wanted to get work done.
Apple is known for suing even over its really old stuff, I wouldn't chance it if I was you.
Which really old stuff? A hobbyist group recently released a new version of GS/OS based on the Apple IIgs System 6 source code, and as of yet, Apple hasn't sued.
The iPhone/Samsung suits were started when those were still relevant, and are based on product famlies and brand names ("iPhone" and "Galaxy") that are still relevant to both Apple and Samsung, if that's what you're talking about.
I also don't believe I've heard about GNOME or MATE being sued, and that's configurable to look and work very similarly to Mac OS (both Classic and X.)
I doubt Apple's gonna sue if some new OS or window manager comes out and it looks sort of like Classic Mac OS.
While your idea is admirable, I think the PPC community would be better served with new software. Have you considered just porting some modern open source applications to the Mac?
While I don't believe letting Mac OS X on the Internet or even on Internet-connected LANs is a good idea, I actually think this is a much better idea than a whole new OS. See my comments about "Mac-Like" above.
The reason people buy Mac hardware, new or used, is because they want Apple's integration of OS and hardware.
Anybody who wanted to run a hobbyist OS would probably buy a Pi, and anybody who wanted to run Linux/PPC would be best served by a box from IBM or Tyan. (Or perhaps some of the newest boards that the Amiga crowd is building.)