From what i read about it, it sounds like they decided to forget about it, and instead now consider the ubuntu development the unofficial "rolling release" and were planning on some kind of symlink to it so that you could just roll from one development version to the next without having to upgrade anymore...I also listened to the video conference discussions and it sounded like that is what essentially they had decided on...
If so, if you want rolling ubuntu, you will have to roll with development all the time...so, no i don't think they are planning on a stable rolling version at all...
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