The new project is the development of a relatively simple product on an "accelerated" schedule, largely through external contractors. My boss, now a VP, has been handling it up 'til now, and since he has quite a few other things on the go, is too busy to give it the attention it needs, so I'm being called in to take over the lead on it. It's a neat little product, and I'll be able to talk about it a bit more as of next month, unlike my old project, a product which will only be announced this summer.
The upside is that I'll be quite engaged and excited at work for a good while; the downside is, of course, that I'll have less time and energy to hang around here on LJ and elsewhere, although my Tuesdays are going to be a bit more available; details in a forthcoming post.
And, one last little note: one of the contractors is a fellow I worked with and learned a good deal from over a dozen years ago... this is a small, small world!