Tim Berners-Lee has announced the chartering of a completely new HTML Working Group. This is huge news; a complete departure from the "HTML is dead, XHTML is the only thing we are working on" stance of the past few years. There are quite a few people including those participating in the WHAT WG that deserve a good deal of credit for putting the ship back on course and Tim gives them the credit they are due. Admitting you were wrong and a willingness to change course is great example, and far too rare in today's hard-liner "Stay-The-Course" world.
Updated: Joe Clark is a bit more pessimistic.