Donuel, I think Pan-Starrs got capital funding indirectly from the US Department of Defense, who were worried that they weren't going to be allowed to zap Russians any more and thought asteroids might be a good alternative. But I must say that its all gone quiet over there. There have been rumours of technical problems with the telescopes and/or cameras, and their web pages still say that the science mission began in May 2010, and that the second telescope is scheduled to come into operation in 2013. They found a comet recently, and there are a few papers on asteroids and transients, but not as much as you would think.