I wouldn't hold your breath, but it looks like the California Institute of Regenerative Medicine may be starting on the disbursement of research funds. This has been held up as groups opposed to embryonic stem cell research have been filing lawsuits left, right and center - expensive legal battles are one consequence of a public funding mechanism, alongside many other forms of waste and inefficiency. From SFGate: "Officials leading the California Institute for Regenerative Medicine say they have reached 'essential agreement' with legislative foes to settle disputes about conflicts of interest and open meetings. Other contentious issues involving intellectual property and patent rights have yet to be settled. But even some staunch critics of the stem cell institute say the biggest fight seems to be winding down."