Hi All, I'm here with news again. The first plans for the case are done and it turned out really cool. I've attached a CG render to the OP, go take a look
Note that there might be slight differences to the real one, like how translucent the housing really is (I've yet to see it myself), but you get the gist.
There are some nice tricks in there to keep the costs low. The play with transparency and translucency - beside making it look even cooler - helps to keep the labels readable without having to print a silkscreen or stickers, and as a side benefit it guarantees the labels will never come off. There is also no need for windows, holes or separate photoconductive parts just to keep the lights visible. The design is completely screwless, which simplifies assembly a lot.
The layout of the board itself has been revised a bit, but mostly just to center the USB receptacle. It turns out the case itself probably won't need any design changes of the board, so the board is just as compact and neet without the case as it is with it - another big plus. Not to mention the PCB didn't get any larger, quite the contrary, it has become even smaller in this revision. The board is now only 50.2 x 23.5mm, which makes it about the same width as a 2-euro coin, and is about as long as two of them. Since the case is custom manufactured to fit around the board tightly, it doesn't make things a lot bigger either - my point here is, even though the muArt has a lot more components than others and even a case, the high integration and custom case still make it really small, just take a look at the OP's picture to see the comparison with a coin, it is soooo cool...
By the way, I want to thank tec4data for their design of the case. They will also be the one manufacturing it, and they claim they can keep the costs within my limits, including one-time costs! So a big Thumbs Up and Thanks to them.
Next steps? I should be getting a 3d-printed prototype of the case by the end of next week, that will be the first time I'll have one in my hands. The material will be way off, but hey, the final ones will be injection molded. As for the electronics, because I knew I was going to make changes to the layout, I held up prototype production until now. But unless testing tells me otherwise the board is basically final now, so no more expected delays from this point on. Actually, first thing next day I'm placing orders.