I have created a candidate build for Pig 0.8.0. A description of what is new and different is included in the release notes: http://people.apache.org/~olga/pig-0.8.0-candidate-0/RELEASE_NOTES.txt
Keys used to sign the release are available at http://svn.apache.org/viewvc/hadoop/pig/trunk/KEYS?view=markup
Please download, test, and try it: http://people.apache.org/~olga/pig-0.8.0-candidate-0.
Should we release this? Please, vote by EOD on Thursday, 12/16.