I’ve made a bit of progress - the entire video that LMNC posted has been decoded.
I’ve made a short, but crap 
. video demo here → http://marcnetsystem.co.uk/baudot_1.mkv
It just shows the build process, the most important features, and it capturing and decoding the baudot characters from the LMNC video. With some background music I dug out of my personal archive.
Enjoy!