The Sydney Morning Herald recently reported that the public's help in working on the text has been particularly important over the past few weeks as, with huge areas of Queensland under water, many Australians have been seeking news reports from 1974 - the last time there was flooding on such a massive scale.
A video about the library's project can be see here while an article about how and why libraries should do crowdsourcing appeared in The Magazine of Digital Research. See also how newspapers such as the Guardian engage their readers in similar exercises.