On February 1st, Dan Wallace debated Bart Ehrman, for the third time, on the reliability of the New Testament text. In this third debate held on Ehrman’s own UNC Chapel Hill, Wallace mentioned the possible discovery of a 1st century fragment of the gospel according to Mark. Subsequent rumors have revealed that this is a fragment, dated by a neutral party, older than P52. Wallace has made some comments at various blogs to assure us that he was neither the discoverer not the examiner of said document, but was merely reporting news. A book is expected to be published next year that will detail more information.
Some bypassing comments on the Internet suggested that, if validated, this discovery can be a mighty blow to the arguments of Ehrman as well as the arguments of King James Onlyism. While I think such an old fragment will carry much significance, I think both sides will be able to continue to their respective positions regardless.
Check out the website of the Center for the Study of New Testament Manuscripts for updates (as of this blog, no update has been given).
Also, check out Evangelical Textual Criticism periodically for possible updates.