Yes we have considered steam as a lifting gas and I have seen the flying kettle website, which I assume is yours. We appreciate the need for the ability to vary lift. I like the idea of heating hydrogen to increase lift.
But, our current goal is to build a sort of ultralight airship kit. That way there are fewer barriers to entry like aircraft certification and pilots licences. The kit will consist of a simple envelope and a simple powered paragliding style gondola. Then each builder could add whatever engines or modifications to the kit that he wants to. It would be modular, so you can swap out your own custom components if you want to do more than make small modifications to the basic design.
This allows different people to use diffrent lift gases. I can use hydrogen and you can use steam, but we share many common parts and benefit from the economy of scale of a larger production run.
I like the idea of using steam to increase the volume of another gas, like hydrogen or air. A composite solution would probably reduce the condensation on the walls and the weight penalty that comes with it. If you want to see what has been said about steam on this forum, there is a google search bar near the top of this page that will pull up threads where steam has been discussed.
Oh, and welcome to the forum! There is also a thread for new people to introduce themselves if you are interested. http://smallblimps.lefora.com/2009/06/23/tell-us-about-yourself-your-interests-your-skills/page2/#post35