The INT Photometric Halpha Survey of the Northern Galactic Plane (IPHAS) is a 1800 square degrees CCD survey of the northern Milky Way spanning the latitude range -5 < b < +5 (degrees) and reaching down to r ~ 20 (10-sigma). It may increase the number of known northern emission line sources by an order of magnitude. Representative observations and an assessment of point-source data from IPHAS, now underway, are presented. The data obtained are Wide Field Camera images in Halpha narrow-band, and Sloan r and i broad-band, filters. We simulate IPHAS (r - Halpha, r - i) point-source colours using a spectrophotometric library of stellar spectra and available filter transmission profiles: this gives expected colours for (i) solar-metallicity stars, without Halpha emission, and (ii) emission line stars. Comparisons with Aquila field observations show that simulated normal star colours reproduce the data well for spectral types earlier than M. Spectroscopic follow-up of a Cepheus field confirms that sources lying above the main stellar locus in the (r - Halpha, r - i) plane are emission line objects, with very few failures. Examples of Halpha deficit objects -- a white dwarf and a carbon star -- are shown to be readily distinguished by their IPHAS colours. The role IPHAS can play in studies of nebulae is discussed briefly, and illustrated by a continuum-subtracted mosaic image of the SNR, Shajn 147. The final catalogue of IPHAS point sources will contain photometry on ~80 million objects. (abridged)
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