The main problem with the project though is not the missing scientific data - that just makes it unfeasible for now. What makes it unfeasible in any context is the detail level at which the simulation is supposed to be carried out. This quote from the article expresses it better than I could have done:
Eero Simoncelli, a neuroscientist at New York University. "Would you try to understand the universe by simulating every molecule? What would you have achieved? It’s going to be just as complicated as the real thing and you won’t understand it any better."