$200,000 investment?

I enjoyed the meeting recently. I like the new format in which the participants become more than an audience and become more like consultants. If I remember correctly, Terry said that he anticipated that an investment of perhaps $200,000 might be required in costs of additional computer programming. If my memory is correct, I assume he is thinking in terms of converting the existing software into a social format. I am not sure that "going social" is a good idea just because "social" is popular now. How would going social extend the essential purpose of the product?

I guess I am wondering what it means to "save" Pic-Lits. Terry also spoke, I believe, of giving it away, which I assume means transferring ownership of the patent and moving the files to another server. I am reaching here, not knowing quite what to say. If the existing product was appraised, what would be its appraised financial worth? Pic-Lit seems to be a work of heart (rather than a financial venture) and that our group's goal is to see it continue. I guess what I am fishing for here is an understanding of what constitutes success in savig Pic-Lits.