Noticed today that details of Sharepoint SP2 have been posted on the Office Sustained Engineering blog. It's particularly interesting to me that the ECM improvements in the service pack are mostly targetted at variations.

Here's an extract of what it says;

"The performance and stability of content deployment and variations feature has been improved.

A new tool has been added to the STSADM command-line utility that enables a SharePoint administrator to scan sites that use the variations feature for errors." 

Glad to see they're not giving up on Variations. Very curious to see what they ultimately do with them in Sharepoint 2010.