Yep! I wouldn't have the slightest idea how to write something like that but I'm sure *someone* out there does.
Plus, again - just set up a MailChimp newsletter account and let people sign up for the big updates. You can have different sections in each update about the different projects and where they stand.
Again, all of the back and forth is really fascinating for me to read so I'm subscribed to the thread, but I understand the casual visitor that's just really excited to see the end product and not so much the details that go into it.