Proposed Yellow Book out as of 8/23/10
It's here! http://www.gao.gov/new.items/d10853g.pdf 
The most signficant proposed change is to independence. Otherwise, the standards have been reorganized and pared down. If the AICPA already says it - the GAO doesn't have to repeat it.
The GAO makes clear their disdain for both drafting and auditing financial statements. Halleluah!
More later as I disect it and teach it!