This is probably quite old news but I’m not reading the debian mailing lists that regularly so I hadn’t come across this until now.
There’s an intersting new company hiring many debian developers called Canonical Software. Their web site which is not that informative is located at http://www.no-name-yet.com. I’m not sure what they are going to do, seems like they are going to make a debian-based distribution but I fail to see in exactly what ways it will be different from the normal debian distribution. But I’m sure we’ll see in the future, right now it seems very secret and lots of hush-hush.