OSNews often reports on small and hobby operating systems. Here is a list for you to vote for the one with the right amount of technical and wider success potential for a bright future.
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I voted for SkyOS (I really like what they've been doing), but I probably would have voted for atheos if it were an option.
There isn't anything that precludes it from being a hobby OS.....is there?
http://www.atheos.cx/