Here is an excerpt from the email we received from our ADEA rep about a month ago. She has a national position with ADEA and is well informed, so I would say that this info is pretty reliable.
National Board part one
NO longer going pass/fail in 2010, instead this will be pushed back one year. For now the ADA and Advanced Education Summit of ADEA (all the specialty programs) have decided that they will move this date back to Nov. 1st 2011 and that a P/F test will be required at that time.
Until then, ADEA is working with the ADA to make a new test- YES A NEW AND DIFFERENT PART ONE BOARD EXAM- that is more valid, eliminates cheating and has a better way to measure necessary info needed to succeed in advanced education. For now it is still scheduled to eventually become pass fail. Various Councils of ADEA are working with the ADA to keep numerical values associated with this test. Schools feel this is necessary to know which subject matter needs improvement within the curriculum, how to rank their school, and of course so that they can rank students applying to specialty schools.