Hi Sid
Yeah I could do with a coffee too

It's 1am here.... only a couple of hours to go. First off this is just my theory and I could be way off the mark.
My idea for a wedge is that it would be used instead of the cube Art now prescribes. This is so one can calibrate the Z axis measurments which will be non linear due to the optics and alignment causing distortion. So imagine a ramp that starts at the bed (Z=0) and raises to whatever you can measure with your setup (say Z= -3") and is orinetated to be along the Y axis in your case. Each scan should produce a Z measurment for the part of the ramp being measured and if the wedge is smooth and linear the steps should be equal. At present the way i understand it Art calibrates on 2 measurements, the table and the top of his cube.
What I mean about 1:1 or 1:2 is that if I want to reproduce something to the tolerance of my machining ability I really need to scan it at twice that resolution or at least a minimum of 1:1. so if you can machine a surface to say 0.1mm (0.004") then you need to be able to measure to at least that if you want a true replica of the original.
Thats where the number of pixels in your CCD comes in (when they talk about mega pixel they are refering to the H times the V resolution of the CCD... I think they sometimes fudge this number some what by talking about "effective" resolution)
If when you are looking at the image of the laser on your camera of the table (Z=0) I assume you have a line either on one side or the other of your screen (depending on orientation) and when you are reading the max Z value (Z= -? so make a wedge bigger than you can read to fine that point) it draws a line at the other side of the screen.
If you are using the maximum width of the CCD (ie laser line is shown vertical not horizontal in the video window as I've seen in all the pics) then you have the horizontal pixel count (you mention 640 x 480) as the devisor of you max Z reading. So if you can just read 2" in Z then your resolution would be 2/640 or 0.003".
If you are reading the laser the other way (the way I think it looks as if Art has it set0 the it would be 2/480 or 0.004"
All that is in a perfect world and assuming the laser is only one pixel wide and the CCD can resolve each pixel.
I think the ideal scan setup would be one that can measure to the resolution of the ability to cut and also to the max depth of cut so say 150mm (4") . I may be wrong but I would think the greatest use of this scanner would be to reproduce objects that one does not have cad files on. I think it could do a lot more too, like auto tool height setting and non contact edge finding.
It's pretty cool stuff Art is turning out .. too cool in fact as its distracting me from getting on with building my machine.
Keep working out the bugs guys... It gives me time to finish my machine and have it all sorted by then

Cheers
Mark