RSS 1.1?

From the "who ordered that?" file, Rogers Cadenhead reports that RSS 1.0 (which is completely different from RSS 0.92 and RSS 2.0) is being developed as RSS 1.1. I sort of involuntarily shudder to think of yet another syndication format but part of me wants to see what happens when RSS 1.x has to make the jump to RSS 2.0...