Please feel free to add comments, and lessons.
This is a feature that needs to be build. Make this step a lot a easier:
http://drupalladder.org/lesson/f1575067-4f6e-e984-653a-27e125f01c60
Current best thinking to identify projects: http://drupal.org/node/1627006
Current thinking to check remote translation status: http://drupal.org/node/1742894
(as of Aug 21st, 2012)