[boost] [lambda] current status

It is rumored that Joel de Guzman uttered the following:

Jaakko and I are collaborating and it will be the basis of the LL/Phoenix merger. This should happen very soon now as things are progressing very quickly thanks to some help from Daniel Wallin and Dan Marsden.

This being the case, is there any point to any incremental work on BLL as it currently exists? I was talking with Gary Powell offline, and he'd said at some point there had been a desire to see BLL leverage more of MPL in its implementation, and I'd thought about taking some time to see if I could help in that direction. It doesn't make much sense, though, if P-2 is the Wave of the future. Christopher