Greetings Rene! Are you in the Aachen area perhaps? (near the Dutch mountains)
Thats a nice project! However, it uses an ‘expensive’ atmel to do the GPIO stuff. It looks less complicated then the route I took. Once this encoder stuff is figured out it should make things more easy. By connecting the encoder directly to the SoC there is no more need to use an extra chip do add a basic selector switch / control knob.
I want to use it as a volume knob / light dimmer and also as a OpenWrt config selector. … yeah too many ideas… 
The most practical use would be a config selector for a travel router. By making additional config folders ie /config1, /config, /config3, etc. When you turn the knob then another folder is used. This way you could store an endless number of configurations… Just by connecting a rotary to the GPIO’s But I’m not there yet… Getting close though. I’m now at the point where i have to figure out what kmod-rotary-gpio-custom wants to know exactly.
I have tried a few things but since i’m not comfortable with it yet i hope i don’t mess up anything.