Perhaps this is a little away from the point; but is a WordPress site enough to get you credits?
I finished uni a couple of years ago, and I had to write everything from scratch (we weren't even allowed to use JQuery in our Web-Dev modules).
That aside, I like the idea, but might it be more practical, given that you yourselves are students, to gear it towards other students? Perhaps those just entering CF?
Other than that, I think everything else I could contribute has already been said above.
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