Indeed, and as a school those 18 months are well worth it, but it is in many ways also 18 months wasted. There is a strong sense of NIH with the Ladybird dev(s), and I wonder if that isn't their whole reason for doing this.
I've seen another team doing something similar, they went through endless rewrite cycles of a major package but never shipped, and eventually the project was axed when they proposed to do it all over again, but this time even better.
The sense of NIH is from Serenity, and that was probably the reason for Jakt's existence too. Now it's spun off into its own project there is a lot more pragmatism.