Few days ago, Mark Shuttleworth as founded Canonical Ltd has just announced the codename for the upcoming Ubuntu release: Ubuntu 12.10 will be called Quantal Quetzal.
Did you know Quantal Quetzal?
Quetzals are strikingly colored birds in the trogon family. They are found in forests and woodlands, especially in humid highlands, with the five species from the genus Pharomachrus being exclusively Neotropical, while the single Euptilotis species is almost entirely restricted to western Mexico.- Wikipedia
Besides the new code name, Mark Shuttleworth also speaks about the plans for the upcoming releases, including the typography, a refreshed look and also, he mentions that Ubuntu will stick with Upstart and won’t switch to System
More info about Quantal Quetzal found it @ http://www.markshuttleworth.com/archives/1121.