For those looking for a reliable online Greek New Testament, The Resurgence Greek Project is one of the best on-line electronic Greek New Testament sites that I have found.
Formerly http://www.zhubert.com, The Resurgence Greek Project provides a searchable Nestle-Aland 26 Greek New Testament. It also features parsing and word definitions by simply scrolling your mouse over the words. In addition you can access further data by clicking on a given word (e.g., word statistics, links to lexicons like Liddell-Scott and more.
The site allows the user to perform Greek and English word searches and more as well as making available several English translations (NASB, KJV, ESV, NET).
Gospel-Driven Blog 
I just blogged about redeeming the ill-fated Re:Greek Open Source project as part of the new Open Scriptures initiative: http://openscriptures.org/2009/03/redeeming-the-ill-fated-regreek-project-a-call-for-participation/
Thanks for the heads up Weston. Keep me updated and I will be happy to post announcements, etc… about this project. I pray that it will be a helpful and resourceful tool.
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