Best way to create Shared group wallets/addresses?

[scribe]

We've got a bit of a group going locally now, and we're thinking about a list of Bitcoin addresses for bounties and tips - stuff like getting flyers printed locally, website work, etc.

It would be nice to a) keep track of these separately, and b) distribute control a bit between the group to avoid bottlenecks and/or people running off with the coin.

For (a) we can just set up a new wallet isolated from others. But what's the best way of achieving (b)? I figure some kind of multi-holder setup is best, ie. 3 out of 5 people have to OK the coins being released from an address, but never really used this kind of transaction in anger.

Any pointers?

[Beliathon]

Yeah, use one communal bitcoin address and share the private key. Trust each other. That's the future anyway, more trust, less central authority.