I found a pointer to OpenText.org (currently under construction) on an older post on the B-Greek mail list, a discussion group for people interested in Biblical Greek. There's not much to be seen there now other than an "under construction" message: but the Internet Archive has some previous versions that indicate they had a number of ideas in common with those behind SemANT. For example, they were interested in annotating terms (word groups) with Louw-Nida indices, as well as several other levels of linguistic information (clauses, paragraphs, etc.). Here's an example of their markup. Hey, if somebody else thought of these ideas several years ago, maybe i'm not crazy :-)
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