Hi:
If by processing you mean forwarding streams, it is already in there. However, the c++ examples are quite outdated, you should look at the node addon (erizoAPI) and examples of its use (like basicServer).
You can definitely implement more complex server side processing with ErizoAPI. It implements a WebRTC stack, although it's still far from the complete standard it's compatible with Chrome. However, you will have to code your own processing in c++. The media branch of lynckia can point you in the right direction, it implements some processing and the interfaces are (hopefully) a little bit clearer.
While I agree the 'documentation' could be better, you can always ask in our mailing list. We try to keep the documentation updated for those that use the whole solution though the javascript bindings. Fiddling with the separated modules will be a lot more confusing at this stage but we are always willing to help.
Cheers