The migrate module provides a flexible framework for migrating content into Drupal from other sources (e.g., when converting a web site from another CMS to Drupal). Out-of-the-box, support for creating core Drupal objects such as nodes, users, files, terms, and comments are included - it can easily be extended for migrating other kinds of content. The power comes from an object oriented API that's tricky to get started with - We'll walk through the various classes in the module and how they work together to manage migrations.
I am currently looking for co-presenters or to present in a panel format as I feel we can all have something to learn from each other.
UPDATE July 21, 2012: Thank you to everyone that was able to come out to the session. I know it was a complex topic. As another resource, you can take a look at the code from the example I displayed today at https://bitbucket.org/btmash/redcat_new_migration. Obviously, the migration won't work (the db needs to exist) but the code should hopefully be helpful. Cheers!
Clipping is a handy way to collect important slides you want to go back to later.