RDA Update as of March 2008
The Joint Steering Committee for the Development of RDA (Resource Description and Access) continues its work on the new cataloging code to replace AACR2; and with a release date of early 2009, the cataloging community has begun to think (and worry?) seriously about training and implementation. An ALA RDA Implementation Task Force has been formed, but I have been unable to find any recent information about it. It is not expected that actual implementation will take place until late 2009, and even then, it may be only a partial implementation.
RDA has been reorganized and now incorporates FRBR principles more clearly. All the FRBR entities are included and each section and chapter is related to a FRBR user task and a FRBR entity. You can see an outline of the new organization at the JSC RDA website.
Some other links that may be of interest: