I hope so. I've been considering doing an after-school club in FPS creation as an extension to my normal classes. Being able to collaborate on a single project would be perfect for that kind of a club and good experience for the students as beginning game creators.
I've already secured a domain that I can use for a club like this.
www.fpscreators.com
We can possibly use this for the students to release their games as freeware and get feedback from the users on their work.
"Beware of people who try and belittle your ambitions. Small people do that. The really great people are the ones who make you feel that you too can become great" --Mark Twain