"Yes, that is it! The 1st batch that just came in is already sold out. Pretty soon the 2nd batch will be sold out as well!"
This is contrary to the wheel builder I talked to, who pretty much pioneered the V3 controller movement.
Anyways, he's quite certain this controller isn't going to work... so I guess we'll see :)
Also, I've decided on a battery management system:

http://www.tppacks.com/products.asp?cat=26
The current version is sold out, but I contacted Gary (site owner) and his reply was:
"Hi John --
Richard and I are testing a major new revision to the BMS. It should be
available by next week. It will be called v4.0a, and will have a number of
new features/improvements, while being simpler at the same time, with a
significant reduction in the number of parts."So I'm going to order one of the new sets. I'm only going to need 16 BMS modules, but I'll need to place all cells at the same potential (which is 10 per voltage). If I don't do this, I'll need 160 BMS modules, which is no fun because I have to solder them all ;).
So my battery array is going to stay the same, but I'm going to connect all like pins on the side of each battery together. This will effectively make the system like a 16 layer cake, with each layer made of 10 cells. Everything'll be tied together like a matrix. One of the added benefits is that I can build a second harness that has LEDs between each cell to identify if a battery has died. All I'll need to do is plug it in and if any of the 160 LEDs turn on, I'll instantly know that the corresponding battery is dead.
Also, motor controller is in the mail. I'm going to email pix to my motor guy and we're going to compare real to fake motors.