This is an amount I can show to my wife and justify blowing of a couple of dates. Seriously, this is enough to actually get the thing started so far as an incentive. It will be interesting to see how many others might be interested in claiming this bounty.
Yes, I know that it is for stuff completed. We'll see who gets that to happen now.
If previous bounties are any indication, there won't be a developer that will do something to claim it.
I think it is also best that the project is a group effort if multiple developers claim it. The bounty splited will probably be not worth the effort, though.