Project in the Works?

Word has gotten around that a mysterious photo surfaced today on Dan Gorgone's Flickr website. It is a picture of a MiniDV tape labelled "Foo 79, t.b.d."

What is the meaning behind this photo?

Could it be the Foo gang is prepping for its first production in over two years? There are 78 project listed in the Movie Vault... Could there be a Number 79 on the way?