- The document discusses the Specification update for IMS QTI (Question and Test Interoperability) version 2. It provides an overview of the format and sections of the new version. - It notes that since the last public draft version in July 2006, the IMS project team has been meeting monthly to discuss profiling and interoperability demonstrations. The final publication is planned for early 2008. - The document discusses issues around creating profiles for QTI, including obtaining commitment from developers and addressing limitations of the current profiling approach given the QTI conformance guide. There is interest in profiling QTI version 2 to help meet needs of the Common Cartridge community.