There seem to be a lot of exciting things happening at the moment. XNA 4.0 has been announced which adds Windows Mobile 7 phones to the list of supported platforms, but you already knew that of course. While Shawn is busy at GDC, I took the liberty of stealing his Fractals code. It doesn't improve anything upon his release in 2006, but I happened upon it and I thought I'd be nice to have this available as a ready-to-run sample. On that page you'll also find my take at handling input (inspired by this discussion) which seems to be all the rage these days.
Other than that, I've started tinkering on a little animation pipeline for XNA together with a 3D artist as a learning experience. I have no idea if this will be anywhere near finished any time soon, or if it'd even be useful for the community since there seem to be a lot of libraries out there already. Like any good software project I settled on an acronym for the name anyway before its anywhere near done, so I lay claim to Uxmal. It's a good fit since the artist is working in Maya and I'm on my third rewrite of the codebase already. Xna Model Animation Library also fits, but my development efforts are currently stumped by trying to come up with what the U should mean. Useful would be ideal, but it might also be Unnecessary or Useless.
Time will tell :)