AVR based benchtop power supply
Check out this AVR controlled power supply from from TuxGraphics.org. The supply has a voltage range of 0-22 volts with a max output of 2.5 amps, more than enough for almost all home projects. On their website is a writeup on how it works and includes the code written for an ATmega8 from Atmel. They even sell a kit with most of the components needed (minus the LCD and power source).
Good project for those who want an advanced PSU but don't want to spend the mega bucks.
http://tuxgraphics.org/electronics/200707/bench-power-supply-unit.shtml





