The ruby on rails crew have been able to bang out enough code to release the 3.0 beta.
Quotes David Hansson:
Rails 3 is focused on bridging the core Rails technology with the new ideas brought in from the Merb team, which joined the Ruby on Rails development effort. Merb is a model-view-controller (MVC) web framework written in Ruby. And Rails 3 delivers the best features of Merb and Rails into a single new release.
more on some features of Rails 3.0..
Also, among what Hansson calls the “headliner features” are:
· Brand new router with an emphasis on RESTful declarations
· New Action Mailer API modeled after Action Controller (now without the agonizing pain of sending multipart messages!)
· New Active Record chainable query language built on top of relational algebra
· Unobtrusive JavaScript helpers with drivers for Prototype, jQuery, and more coming (end of inline JS)
· Explicit dependency management with Bundler

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Good news to hear..
the ruby on rails team delivers the 3.0 beta
thanks for the posting.