PuG Experience?

We're all familiar with the Pick Up Group concept in online gaming. You and X random strangers playing together to achieve some common goal.

We've all also spent our fair amounts of time on developer boards, most with a Jobs section littered with "I want to make this game!... buttheonlypaymentisprofitssplitonrelease."

What I'd like to hear about is the story of someone who has joined one of these "teams" and completed a project.

Anyone with anything interesting to say out there on this?