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I'd do it but:
- Don't have the time
- Don't have the know-how
- Don't have the commitment

CK really needs some attention from its parents... I am okay with Vicky II, but I would have loved to see a CK II.
 
Pretty much my reasons as well. I have virtually no C++ coding experience, so I didn't apply for this when Paradox posted on it. If there were a project and they could use a non-coder I'd definitely be interested, I have a lot of concrete ideas on what to change (and I think at least some recognition of what is and is not possible), but I can't expect someone to do the work for me.
So either I'll have to learn to code properly (hah!), or hold off :(

Oh, and:
CK really needs some attention from its parents... I am okay with Vicky II, but I would have loved to see a CK II.
Paradox is pretty much the step-parent of CK of course... given that we did get the game at all, and good support for it (the patches were phenomenal, especially 1.05), and even an expansion that was almost a full redesign of the game, we can't say it got no attention!

One of my main reasons for buying Vicky 2 (when it comes out) is that I hope that if Vicky 2 does well, Pdox wil finally do CK 2, and do it right.