We have successfully built and tested multiple GameDock prototypes. We have also tested over a dozen iCade compatible apps with great success. We are in the process of scoping out costs for a large production run.
iCade apps that are limited to two action buttons and two menu buttons should be compatible with the GameDock. We have also built a custom dashboard app for easily finding and selecting compatible games. It will be filled with apps that we have personally verified will work great on a GameDock.
UPDATE: Good news, everyone! We now are able to include TWO retro USB controllers with every dock, in addition to the HDMI adapter. If we can get our volume high enough and our price low enough, we'll look into more extras to pack into every box.
We will use the money to assemble a first run of docks as well as well as cover other expenses such as shipping, storage, and so forth. Once we have built this first batch, we will use our experience and the feedback of the first users to adjust the design and go for a big run.
Currently, we are employing local Northwest business http://store.fungizmos.com/ for the production of printed circuit boards. The cases are being built by a local custom auto-parts design and production company. The gamepads are 3rd-party and ordered separately. (We are currently evaluating several brands. If we cannot buy the quantity we need, we will produce our own controllers.) The components will be assembled and packaged here in Portland, Oregon before being shipped out to donors. Funds will go to http://cascadiagames.com/, which will make all purchases and also put up its own money to cover any extra costs.