As pointed out on slashdot, the first public material on HTML 5 is now available from the W3C. http://www.w3.org/TR/2008/WD-html5-diff-20080122/
It’s a major victory that frames have been completely removed from the language. They have always been horrible for the UI, security, bookmarkability, etc.
However, I take major issue with their choice to standardize innerHTML into the DOM. The only reason I’ve ever used innerHTML is because sometimes it’s impossible to get IE to behave any other way. IE’s poor lack of support for DOM is no reason to standardize a workaround though! Not only does innerHTML promote bad programming practices, it can all-too-easily lead to injection attacks.