I work 80 hours a week not only because I'm an IP engineer*, but also because
I'm a consultant and a business owner of an ISP.
If there will be an Internet II, I see LOTS AND LOTS of opportunities for any
person with a brain, and even some CNEs.
For an Internet II to be designed, implemented, maintained, connected to
R&E sites all over the country, and successfully, LOTS of consulting dollars
are going to be spent. As someone who actually understands packets, headers,
routing, etc. I suspect I'll be quite busy. This is good.
For an Internet II to be successful, it will HAVE to be interconnected to
The Internet. (That's "Internet I" in "Internet II"-Speak). These
interconnects will include cool things like "settlements" and other
phone-speak some of us have been fighting since 1985, or they will provide
lots of unrestricted fed-funds to commercial ISPs. (can you guess which one
I think's going to happen.) THIS TOO is a golden business opportunity.
In short, who cares whether academia dreamed this up or not. Who cares if
it will work tomorrow with 8ms coast-to-coast (Thanks, Vadim, for bringing
physics into it 
or whether or not it will be instantly perfect like
the Internet is ^H^H^H^H^H^H^H^H^H^H^ the first time at sex ^H^H^H^H^H^H
like Star Trek I ^H^H^H^H^H^H^H well, like something that's instantly
perfect the first time, even though I can't come up with any examples.
No, this is not a feel-good note. This is just my way of saying "It's
been rather quiet on NANOG, and Internet II's only connection to NANOG
is how we work with/interconnect/plan such a network. Not whether
academicians ought to shave and get real jobs."
Ehud
* Ob rant: I'm tired of guys who've ``practiced'' cisco ``scripts'' and
call themselves IP engineers. They ``know'' something because they've
seen it before -- not because they understand it, could engineer it
differently, or could do the underlying concepts under a different
paradigm. I realize we can't all know everything, but I'm really
tired of those who know nothing and have humongous egos.