As most of you may aware (or not) Google Summer of Code for 2007 has been announced. This year I'm eager to apply for a project, eventhough I'm not sure whetehr I will get accepted. Anyway project ideas of accepted mentoring organizations will be released only on 14th March and student application period will be ended on 24th of March. Since I (and many others too) haven't been actively involve in projects with these organizations, I thought better to begin preparations early and select a good project. Most of the organizations have included a wiki page of potential projects.
I thought of sharing the list of project ideas I compiled. Note that final project ideas of these organizations may differ and also not all of these organizations may get accepted to GSoC .
UPDATE : Lot of new project ideas, which I missed have been added in the comments section. Check them as well.