I reported here in October about The Library of Congress funding digital preservation of all Second Life content.
Digital Preservation of virtual worlds gets $590,000 US
From a RIT Press Release 9-19-2007
Well the project has been kicked off as of January 1, 2008 . To read a longer post I found and clipped goto ~wOOt~ but here is a short snip from the Stanford Site:
We are Preserving Virtual Worlds
January 08, 2008
"Just a short note to let everyone know that the previously announced project, "Preserving Virtual Worlds," funded by the U.S. Library of Congress, officially began quietly on 1 January. We are in business! We welcome contact from anyone interested in the work of historical preservation of digital games and virtual worlds."
Read more here : http://htgg2.stanford.edu/archives/2008/01/we_are_preservi.html