That homemade Nest is pretty terrible. It lacks virtually all the parts that make a thermostat besides displaying the temperature.
The Sparc Core isn't a bad device, but it relies on "the cloud" for data storage so you can't directly access it. It also needs continuous access to the internet (which isn't a problem in your back yard but you can't use it off site without tethering). I'm also not sure what frequency of data updates the Sparc Cloud allows, but it probably isn't once per second. There's also not enough I/O pins, HeaterMeter uses 17 pins + 2 serial and this only has 16 pins. The final question is how to get the data back out for display and if it has the availability to do things beyond their stock widgets.
Also it would require a complete rewrite and I see no benefit other than being smaller and a few dollars cheaper. If it can't meet the same level of functionality, then these benefits are inconsequential.