Insiders (rumors?) tells that the efforts to create the Debian Core Consortium are still going well.
Eweek.com has the story, that the discussions still are ongoing and that
The group still plans to make its official announcement at the LinuxWorld Conference & Expo in San Francisco in early August. In the meantime, discussions continue, mostly via e-mail, over the shape of the consortium to come.
One of the purposes of the DCC is to create a common Debian Linux distribution for the enterprise, perhaps based on the LSB 3.0 and possibly the next version of Progeny's CL Debian distribution, as Ian Murdock is one of the driving forces behind DCC.