The long wait is over, Android developers. Seems that Froyo is currently trickling into the Android Open Source Project Git repository as I'm typing. The last push was 11 minutes ago.
AndroidGuys has more:
It's likely that this means it will also begin being pushed out to handsets very soon, especially plain vanilla Android devices like the Nexus One. Additionally, with the code in the open, modders like Cyanogen will be able to begin building froyo-based ROMs.Can has CyanogenMod Froyo edition, plz? (via AndroidGuys)