A lot of this will depend on the outcome of some final testing that will be done this week and next week. The initial goal was to produce a driver that could deliver a maximum of 10 amps at up to 8.5 volts across the diode. This may have been overly optimistic, since the driver also needs to be rock-stable at very low currents (such as when driving a blu-ray diode at 100 ma, for example). The testing that will be done will determine if this is actually attainable or not. (Marc Rubin has modeled it in PSPICE, and it looks fine, but the proof is in the hardware...)
Also 10 amps requires *huge* traces. Look at the picture above and you can see that the ouput traces are pretty big. In fact, the distance between the pins on the output transistor is the limiting factor on how big those traces can be. We are reasonably certain that this layout can physically handle 10 amps. So as long as everything else works out, we should be OK. But worst-case, if we have to de-rate the current, we should be able to handle 8 amps for sure. (Which should be just enough to handle your IR-pump diode needs, Eric...

)
The driver will run off either 5 or 12 volt supplies. 5 volts will be idea for reds and IR diodes with low forward voltage drops. 12 volt supplies will be required to power 445 blue diodes, blu-ray diodes, and the new 520 nm green diodes, because of the much higher forward voltage drop across the laser diode.
Of course, when running off a 12 volt supply (especially at high currents) you will need to be mindful of the power loss across the output transistor! There will be a lot of heat generated there, and if it's not properly managed, you will cook it. (There will be detailed information on this in the datasheet included with the driver.)
I have put several drivers on my oscilloscope and fed them square waves. I was quite surprised to see how much noise was present even on very popular hobbyist drivers. I think I understand why I've had so many failures over the years! I'll try to get some pictures next week to explain this further. But yeah, if you are running a diode right at it's limit, all it takes is a little noise and POOF! And there is more than just a little noise on the drivers I've tested.
Also, I should point out that this is not a new problem. Francesco Van Loon did a lot of research for Pangolin on this subject back in 2009, and my understanding is that every driver he tested exhibited problems of one sort or another. And he didn't test just hobbyist drivers. He also tested several commercial units that were quite a bit more expensive than anything you'd find for sale here on PL. But they all had flaws. That's what lead Bill to design this new driver in the first place.
All we have really done is to modify it slightly to support much larger output currents, and also to support higher forward voltage drops across the laser diode. The "guts" of the circuit is still all Bill's design; we left that part alone.
Also, I do need to thank Bill for agreeing to allow us to use his design. Without that, we never would have started this project. In addition, Mar Rubin (Kecked), Mo Ayoub (Daedal), and David Zurcher (DZ) have been very helpful in bringing this project to the finish line. Believe it or not, Mo and I first started talking about this nearly 3 years ago! We re-started the project in earnest back in October of last year, and it's taken us this long just to get to a working prototype.
But we are almost there. Just waiting on a few final components to arrive in the mail, and then we can start testing. Assuming all goes well, then by the end of next week we should be able to send the first batch off to be manufactured.
Adam