I've attend AJUG regularly (meaning most of them) for the past few years. Burr Sutter who runs AJUG and is the product manager for JBoss ESB does a great job with the speakers, but there have been a few that really stand out. I got introduced to both Hibernate and Spring (although I had read about Hibernate previously) a few years back at AJUG meetings, and on both occasions got the feeling that those technologies were not only worth using but would be really big. I got a similar impression about Terracotta; although, its nothing like either Hibernate or Spring. Its actually pretty invisible to developers, which is the point.
In a nutshell (echoes of O'Reilly?) Terracotta's server(s) controls the objects for numerous JVMs allowing applications from each to access the same instances without any special apis. I'm sure there's plenty of information on their site, and if you are an architect or have had to worry about clustering, caching or scaling then check it out. They have separate sites for the commercial and open source versions (a lot like JBoss.com and JBoss.org - is this going to be the standard for oss business models now?)
Bill Sengstacken, who is in marketing, is going to post a video, and there should be a link on the AJUG site at some point.