Yes. I got my 3 years time in grade (I'm under the Final Pay system) and retired on 1 Sep. I had tried to get a TIG waiver but no luck, otherwise I would've retired mid-09. On 2 Sep, I got the following e-mail:
"The Chief, Air Force Reserve, under authority granted by SAF/OS, has authorized the continuation of the Reduced Time In Grade (TIG) requirement for Air Force Reserve Lieutenant Colonels and Colonels desiring to retire in FY11."

Timing is everything. No big deal; I'm getting paid retirement as an O-5 with a bit more than 23 yrs. I haven't started to look for work yet.

My wife (on active duty) said that all AF Reserve mandays were cancelled for FY11 to do an A-10 refurbishment. Nice.
Get ready for massive cutbacks in Defense manpower and budgets.