Two great Durian updates just came in: they've received almost 150 submissions - 100 more than for Big Buck Bunny. I guess that participating in a Blender Open Project is gaining more and more attention in the CG world!
Also, DivX will become the main sponsor of the project. Among other things they'll assist in the online distribution of the movie which is no small feat. Before you ask: I'm pretty sure the Blender Foundation will also make the movie available in non-proprietary formats ;-)