Garret Lisi's "Exceptionally Simple Theory of Everything" has been all the rage lately, being a hot topic of discussion at all the major physics blogs and even landing a front page article at New Scientist. Garrett's theory uses a non-compact form of E8, which supergravity buffs might recognize as a quasiconformal group for extremal black holes in homogeneous supergraviy. For the non-supergravity buffs this means the non-compact forms of E8 act as symmetry groups of the 57-dimensional charge-entropy space of microscopic black holes. This is the same 57-dimensional object mentioned in the E8 computation earlier this year.
From a quick listen of Garrett's talk at LSU, it seems the loop quantum gravity community finds Garrett's ideas to be promising. In the audio version of the talk, Smolin and Ashtekar can be heard commenting on a possible spin-network version of Garrett's model. Only time will tell if there is a spin-network/spin-foam formulation of Garrett's model. I, on the other hand, see more similarities with supergravity; and if this relation is real, there might actually be a topological string theory behind Garrett's TOE. D'oh! ;)