A friend's group is already using it... not sure what the criteria for being one of the first pilots, but so far i've heard:
1) On-track vs Not on-track - essentially pass/fail
2) Will be done quarterly
3) Stock levels granted are same as before (L1-L5), but now will be done on quarterly basis rather than annually at focal time
Some thoughts... if its true, I guess it will be easier to get rid of people as the cycle is shortened so management doesn't have to wait a full year to deliver a message and even longer to dump low-performers. Everything is shortened, so there is no long, drawn-out, protracted process.