The aspiring party's leadership consists of several prominent ex-Wafd members, including party head Ayman Nour and secretary general Mona Akram Ebeid. They have a detailed party platform, with constitutional reform one of their topmost priorities. They have also been building up quite a base, providing social services in some of Cairo's lower class and squatter neighborhoods.
What was interesting today was the very well-planned and photogenic demonstrations of support that were staged outside the court (perhaps Nour's wife Gameela, who is a journalist and the party's press coordinator had something to do with this). Fifty to a hundred supporters, including many women, were allowed (or at least weren't not allowed) not only to spread banners across the front of the building but also to enter the court building en masse. When it was understood that the wayward members were once again not coming (which was seen as an intentional boycott designed to keep the judiciary from handing down the positive decision that many expected), the crowd organized improvised sit-ins, broke into chants, and eventually stormed their way into the courtroom, literally knocking guards aside and battering down the doors.
At the recent NDP conference, there was talk of making it easier to allow new political parties to register. Supposedly, the appointment of several opposition party and independent members to the Party Affairs Committee and the establishment of a deadline after which the committee must answer petitions (they often just don't ever answer) will streamline the process. Judging from today, those who want to found a new party in Egypt still have an uphill battle. On the other hand, they seem ready to fight.