Seems like everywhere I look there are more project/task/document management tools. I mentioned this briefly with the release of TasksPro, and then it seemed to keep coming up in conversation.
Function Point was pointed out by Troy Angrignon (blog coming soon!). I was all prepared to give scathing commentary, but the app looks pretty slick and integrates a lot of different functions.
In discussing good web application design firms, I remembered SilverOrange -- they won an award for best Intranet in 2001, then won again in 2003 for their redesign. I'm always impressed by companies that aren't afraid to re-invent themselves and their best practices.
I may have a chance to do an overview of this space again in the near future. If anyone has suggestions for either low-cost hosted or open source apps in this space, post a comment.