Pocket Wizard produced 2 new models, the MiniTT1 and FlexTT5. The Canon version is already in the market, and Nikon users are awaiting the Nikon compatible ones to be released by end-June 2009. One of the main features of these new PWs is the ability to use eTTL (for Canon) and iTTL (for Nikon). This would also mean that (Focal-Plane) FP Sync is possible, and speeds up to 1/8000s would be available to the photographer.
The new PWs are compatible with previous PWs, and adds a feature where the shutter speed can be increased up to 1/500s, called HyperSync. You can watch the following video on the new PWs below, or at YouTube here.