The second discussion draft of the GNU General Public License version 3 was released on 27 July 2006, along with the first discussion draft of the GNU Lesser General Public License.
The new drafts are open for comments, with a wonderful system for comments employed. Obviously the drafts are US-focused but they have a real impact here too.
Commenting on the GPL version 3, the Naked Law blog takes the view that:
‘there have been some very helpful changes from a legal perspective, but probably as important is the way the wording has become more user friendly and it is more readable. DVD players and DVDs are used as an example to explain the concept of “keys” and Corresponding Source. There has been some pruning to improve readability and the term “Digital Restrictions Management" has been replaced with “No Denying Users' Rights Through Technical Measures"’.
See this for the latest drafts.