
The standoffs are threaded and can be stacked. There are many different length's available to support different height requirements. They also come in brass, aluminum, or nylon.
Here is a picture of a 5/8" nylon one:

Using the ribbon cable allows for variable-height boards and is cheaper than using a backplane.
Each daughter board has a 32 byte window and a dedicated IRQ. The main board will decode the address space and provide an IRQ flag register for the 4 daughter boards along with its own IRQ for the RS-232 channels.
There will be two main boards to start with. One will have a simple 65C02, 32k RAM, 32k EEPROM, and RS-232. The other will have a 65816 supporting up to 4.5MB of RAM, and using a microcontroller to preload the RAM from either a serial flash/EEPROM or purhaps an SD card. The serial memory will be accessible via a secondary RS-232 channel.
User IO for both modules will be through the primary RS-232 channel. This will have a Pololu RS-232-to-USB bridge with drivers for Windows and Linux.
Daughter modules will include dual VIA's, dual 65SPI's, Video and keyboard IO, and sound.
I plan to get the proper spec's for these out within the month. I'm still trying to get my website updated.... wish my work didn't interfere with my play so much!
Daryl