Couple of the current hot technologies are XML, XML style (.XSL) and transformations (.XSLT) coupled with web services. ASP can glue it all together.
You could use XML/sl/slt to pull content from web pages and publish the process as a web service and/or rss news feed or you could put the content to a db abd publish a web service that pulls it out.
The technologies are well documented. Could probably pull it off from the XML for Dummies and Web Services for Dummies books. The content you pull can be something of interest to whoever grades your project.
If you do it up as an engine for web developers, as part of the web service parameters, they could specify the url's and indentifying mark-up to use so it woul be a generic content puller/aggragator.
Both Amazon and Google offer web services and have good sample code for that end of it.