I have seen this in a rental car sometime before. But its displayed in a different way. It shows how many miles you get per gallon when you drive at the current acceleration. Just a number that changes when you press or release the accelerator.
We are doing the same thing for ErlangCamp. We realized we could lower the price point, so we did, as well as retroactively lowered it for those who already had ordered.
I like the general idea, however I would consider focusing it more on being a brainstorming session rather than a lecture. As a Ph.D. student, all my interesting conversations have been with my advisor and other faculty, usually over beers or some other informal setting. I generally don't get inspired during lectures. They are more or less to develop a base of knowledge, not to generate ideas.
It is also a chance to informally reinforce or learn new concepts about specific points of your ideas while you are discussing them back and forth.
To me, that is what a mentor does. Not help you understand a tutorial or what not.