I just compiled a version of keycastr and put it here since I could not find a precompiled version that’s relatively new.
http://files.mindflakes.com/blog/KeyCastr.zip
Keycastr is used for presentational demos. It’s free and the source is here in this github repo. You will need a modern version of Xcode to compile it.
https://github.com/nelsonjchen/keycastr
The version that is compiled is by creemama. I only blindingly updated the settings with Xcode recommendations. This “works for me” on OS X 10.8.3.