Ever since I encountered that crazy spread spectrum capacitance sensor (SSCS) site (http://humancond.org/wiki/user/ram/electro/capsense/0main), the Penn & Teller spirit chair paper FredM pointed to (pubs.media.mit.edu/pubs/papers/96_04_cmj.pdf), and most recently with the various noodling over on the staccato pedal thread, I've been thinking a lot about plate sensors, shielding, and spread spectrum, trying to make sense of it all.
1. I believe if the shield plate is driven directly and perfectly with a buffered version of the signal FROM the sensor plate, then the capacitance effectively disappears for the shielded side of the sensor plate.
2. If there is any delay or differential in this drive then some influence - however residual - will remain, lowering sensitivity and exposing the temperature dependence of the capacitance between the plates. (I believe this is an issue with the SSCS, where the shielding plate is driven with the stimulus rather than the sensor signal, which creates troublesome per-cycle and long term differentials between the plates.)
3. The closer the shield plate is physically to the sensor plate (i.e. the higher the mutual capacitance), the more accurate the shield drive needs to be in order to cancel/bootstrap the capacitance. (I believe this also is an issue with the SSCS, where the shielding and sensor plates are the two sides of a PWB.)
4. One could have multiple sensor plates, all driven with the same stimulus, but each shield plate would need separate buffered drive from its associated sensor plate signal to be most effective.
5. These methods are usually implemented as AM, which means, unlike with conventional FM Theremins, there is the opportunity to easily squash mains hum. (For something like the staccato pedal this is vital, because the human body is a massive hum source when in very close proximity to high impedance inputs.)
6. Stimulus can be just about anything, though band limited spread spectrum (as described on the SSCS site: the XOR of an LFSR output and its clock, with LC lowpass) probably makes the most sense as it doesn't correlate well with any environmental signals.
7. If the stimulus is spread spectrum then the receiver should be synchronous AM to reject / average out interferers. This could be as simple as an analog switch arrangement followed by RC LPF (set to 500Hz or so).
8. Sensor drive is kind of problematic. A healthy voltage swing at the sensor plate is necessary in order to sense external capacitance, but driving this conflicts somewhat with the the high impedance nature of the sensing itself. ANY drive or sense loading will lower sensitivity. Resonant drive via series inductance in a multiple sensor arrangement is also problematic.
The above precludes using the shield to capacitively drive the sensor for the most sensitive arrangements, but for a close proximity detector like the staccato pedal, stimulating the sensor via the shield would likely work. In fact I set up a simple RC oscillator with feedback based on the sensor plate voltage and it worked pretty good on the bench (though doing so was only a rough feasibility test, there was hum all over the place, and this of course is a FM approach).
If you go the AM route and are planning on feeding the data to digital stuff downstream, you need to have a good A/D converter, possibly with a log converter in between (this is the spirit chair HW approach). FM approaches can often be dealt with directly in the timing domain and so don't necessarily have this requirement, but interference between multiple sensors is more of an issue with FM.
I should also add that the spirit chair is a transmission approach, where the user is electrically stimulated via a capacitive plate in the seat of the chair, and the multiple sensors are unshielded receivers.