Tim Caswell has been working on some sexy stuff with Node. His latest project is Connect (http://github.com/extjs/Connect) which is an MIT licensed system that gives you a nice extensible middleware system for Node.
Initially this meeting was about the new improvements in node's event infrastructure to improve debugging capabilities, and clean up the general API around low-level events. http://nodejs.org/illuminati0.pdf
Then after dinner we had this long recorded discussion about streams, pump, and proper data buffering. We decided that node needs to emit a pause event that gets passed up the chain to make easy throttling. Also we designed a simple API for defining stream filters.