As mentioned earlier, Eclipse SoC will be part of Google Summer of Code in 2008 again. So it's time for you to write down your ideas/proposals. Afterwards you might wanna subscribe to the soc-dev mailing list, pay attention to the newsgroup or visit us in #eclipse-soc on freenode.
Keep in mind that the GSoC applications deadline approaches fast and ends Monday, March 31st and that the Eclispe SoC project even has to check all the apps before and find mentors.