This just in. No Grade I status for the "new" BC races in 2008:
http://news.bloodhorse.com/viewstory.asp?id=42237
While generally of the view that there are too many Grade Is, I think the committee got it right with the three stakes (Maker's Mark Mile, First Lady and Just a Game), all at a mile on turf ironically, that were elevated to Grade I status for 2008.