Sure, I read that (should have pointed that out,
sorry).
However, all it says is "we're going to set up a company (limited by
guarentee) to do stuff related to a set of objectives that are still
freely editable by anyone".
I'm not trying to be difficult, and I'm certainly a big fan of openness
and community led developments. However, I'm also realistic (and
reasonably knowledgable) about what it takes to create a succesful
social enterprise.
Either the above linked document has less detail than exists in the
minds of the people on this list, or the cart is, at present, before the
horse.
It's a chapter of the foundation, it will do the same sorts of things
as others chapters do. See
http://meta.wikimedia.org/wiki/Wikimedia_chapters/Summaries for some
ideas about what that includes. I really don't get why everyone is
making such a big deal about having a list of objectives when we all
know what chapters do, this isn't a new concept.