!!NO LONGER UNDER DEVELOPMENT!!
The aim of the proposed framework is to address the lack of flexible and powerful two-way data binding in ASP.NET Web Forms by allowing for a WPF-esque declarative syntax to be used which at the same time allows UI development using the MVVM pattern.
The original article describing this framework can be found here
Thanks for all the kind words and interest in this framework but unfortunately it is no longer being developed and hasn't been for sometime.
The main reason behind this is that I believe the world is moving on from webforms and I've been working almost exclusively with asp.net mvc since this article was published.
If there is still interest in keeping the development of this open then please message me and I'll fully open source the project on codeplex.