I'm glad to see the manufacturers are working on that. Apparently Europe is ahead of us but even their standard needs some work. The other thing that is apparent is that only FIE manufacturers are working on the issue. The engine manufactuerers don't seem to have taken a position. I guess if the injection system will handle it, the engine itself will run fine. Some of the issues, glycerin, etc, mentioned in the links are currently addressed by the biodiesel folks.
I think this is a case where the Europeans will eventually define a standard that will benefit everyone. Current businesses in the vegetable oil extraction business are fairly sophisticated in the industrial processes required for normal uses of vegetable oils.
Interesting to note that the vegetable oils have the needed lubricity. I'm not sure how they'll get around the cold weather problem. Even now #2 diesel is a problem below a certain temperature. I suspect vegetable oil would have to be mixed with kerosene, #1 fuel oil, the same as the #2. The best part is that the equipment manufacturers are moving on this. One of the links mentioned the problems they had with ULSD. Newer injection pumps with the upgraded seals shouldn't have a problem. The old stuff with Buna-N seals is going to fail.
From what I've read about vegetable oil extraction, it's more than a simple crush and filtering operation. For that reason, I'm not sure a cottage industry would be feasible. FWIW Electrolux sells a home oil extraction unit. The other possibility that may be pertinent is that there's a huge number of non-mineral oils available.
Some of them like Lavender oil are so expensive no one would burn them for fuel. Others that are much more reasonable in cost may be considered for properties that may make them more suitable for fuel.
I wouldn't be surprised if genetic engineering is used at some point in the future to tailor something for a special production process. Folks are already looking at using GMO stock for fuels because they can't be sold for human consumption in many parts of the world.