What's happening in the world of Xiph.org? See Wikipedia:Current events for an example of what this should become like.
CBC is broadcasting both their Radio One and Two in Ogg Vorbis! Radio One is pretty stable and fast-loading.
Speex 22.214.171.124 released.
Icecast 2.3.1 released.
FreeWaveOnline is a new Web-radio dedicated to Free Music. It use XSPF playlists. This radio station is in french, but music is international ;)
libtheora 1.0 alpha 5 released. 
Vorbis 1.1.1 released. Some bug and documentation fixes, but no new
encoder modes. 
FLAC 1.1.2 released.