@Mark Root-Wiley - This Australian guy, Peter Bui, has a regular, concise podcast, called Joomla Beat, which does a good job of keeping me up-to-date with what our Joomla friends are up to. I guess you could say that Peter is their Jeffro!

Here is the specific episode in which the new features in the upcoming 3.2 release are discussed:

Joomla Beat Ep33 - What's New in Joomla 3.2

... and he is basing that on this article by Nick Antimisiaris in the Joomla Community Portal:

THE POTENTIAL OF JOOMLA 3.2

If anything, inline access is even more important for Joomla than WordPress because it also solves the eternally frustrating problem of working out which module each page element belongs to - coming from WordPress, having to search through so many modules and menus is bewildering, so, being able to simply click straight through to the appropriate editing page will be a big, big deal for Joomla.