PC-BSD, which is FreeBSD 6 with KDE 3.5 and a GUI package management system, is now at version 1.0.  I can only describe it as the way a BSD should be packaged.
Some relative stats on how platforms are doing with pkgsrc; results found in recent entries to the pkgsrc-bulk mailing list. NetBSD 3.0_STABLE/i386 96% NetBSD 3.99.18/i386 94% NetBSD 2.1/i386 92% NetBSD 1.6.2/i386 92% DragonFly/i386 90% NetBSD 3.0/x86_64 87% NetBSD 2.1/sparc 82% Darwin 8.5.0/powerpc 60% IRIX64 6.5/mipseb 31% DragonFly appears to be the best place to run pkgsrc, if you aren't running NetBSD.
One of the design goals for DragonFly is creating a BSD with clean, clear code.  Here's one example.
Matthew Dillon has committed Gary Allan's code (from FreeBSD) bringing in SHA256.
Matthew Dillon would like feedback and perhaps even testing on his BUF/BIO separation patch.
2 weeks until BSDCan!  I won't be able to make it, but there will be a few DragonFly people up there...
pkgsrc has reached 6,000 total packages.  How many of those build on DragonFly?  About 93%.  For comparison, pkgsrc builds about 97% of all packages on NetBSD 3.0_STABLE, which is possibly the most common platform using pkgsrc.  That's fantastic statistics.
If you've ever been curious about how to report DragonFly issues to people outside of DragonFly; here's the process.  (DragonFly mailing lists are also a good alternative.)
One of the issues with pkgsrc is that it is difficult to upgrade all packages with minimal downtime. However, as long as you are sticking to prebuilt binaries, it's possible to get it to happen rather quickly.
Since the bootsplash mechanism appears to not work, some alternatives have been suggested, like the image loading mechanisms in lilo and grub.
If you've got an hour or two, check out the many organizations participating in the Google Summer of Code.  The idea lists have a lot of neat material.
Matthew Dillon's merged a heap of bugfixes from the current code back into the 1.4 release branch; the update to 1.4.4 won't happen until Friday, however.