I was perusing Eric Meyer's Free S5 presentation tool the other day, and came across HTML5 And You. This is a blog entry about the HTML5 specifications. The delightful news which leads from this is an editor's draft of HTML5, which is far more readable and usable by us mortals.
HTML5 is the successor to HTML, and is managed by the WHATWG. This is an acronym too far. It stands for Web Hypertext Application Technology Working Group. Which is equally unrememberable. But they are doing good work(and you can help too).