Well there hasn't been any actual coding work done yet, this is just the project setup phase. This blog is connected to the Google Summer of Code 2007 Project "MySQL Auditing Software", the project page can be found at this link.
The project team is composed of myself, Umair Mehmood and the project mentor, Sheeri Kritzer. We'll be holding a conference call this Friday on Skype in order to exchange notes and design ideas.
I already have a fair idea of how this software can be designed, based on discussions with the project team members and research done into similar products I believe that a design based on passive packet capture is a good way to go. The resulting captured data can then be interpreted and reformed in whatever way we see fit before being passed on to the database servers.