One of the more interesting DrupalCon DC sessions from my perspective was one describing the in-progress core Fields module. It is heavily based on CCK and will replace CCK in Drupal 7. The development is ongoing and has benefited from a number of recent code sprints.
I'm excited about this module for a number of reasons. First and foremost, it will allow fields to be added to any object- not just nodes. This includes Users, Nodes, Comments, data pulled from outside sources - whatever. Needless to say this is going to be very useful, potentially replacing modules like Profile with core functionality.
This is done through some carefully thought-out APIs that will once again change how custom field types are created, though hopefully for the better. According to the presentation (found below) it's a return to the data level/GUI level pattern found in D5 but departed from in D6. Probably the very best part, however, is that the API documentation will be included in core and will thus be accessible.