Today, Mark Reinhold proposed the new new schedule for JDK 8 after the last slippage of Lamba merge. I'm pretty hopeful that this time the schedule will hold. I'm quite excited myself about Lambda expressions, too many times I've been writing code and just thinking that if I only could write this as a closure it'd be that much simpler. However, there is much more to look forward to and the "Everything about Java 8" article does a good job show case all the new features.