Novara Fusion. Available on sale at REI for $589.93 (regularly about $700).
Watch the unveiling of the '09 Fusion on video at Bike Hugger.
Some real nice touches: Internal brakes and shifting; dynamo hub powered dual headlight; tailight, fenders, rear rack.
Frame: 6061 Aluminum (Note: It's not clear what frame sizes are available at REI)
Crankset: RPM City Single 46TT
Shifters: Shimano Nexus 8-speed Revo
Brakes: Front and Rear Roller (apparently the '09 model will have disc brakes)
Rear cog: Shimano 21T
Front hub: Shimano Nexus Dynamo
Rear hub: Shimano Nexus 8-speed internal
Rims: Alex ACE 17
Tires: Vittoria Randonneur 700x32
Stem: Kalloy Alloy Adjustable
Handlebar: Kalloy Cozy Comfort
Seat post: Post Moderne Suspension
Saddle: Velo Fast Comfort
Pedals: Alloy Platform
Chain: Shimano IG31
Weight: 34 pounds