We had been tracking a micro-site not too long ago called: Boarding Pass/Fail by Tyler Thompson (Creative Director of squarespace.com). It sparked much dialog in the design community about the lack of regard for information design on important things we use in our culture, (e.g. flight boarding passes). About a month ago several students came across a new "coming soon" site that advertised an iPhone app that continued on the same concept of redesigning the boarding pass. Although the app is not a boarding pass itself, it acts as a better form of communication for the traveler and the people needing to know the traveler's flight itinerary.
Finally after much anticipation the site is up and seems to have marvelous potential. Flight Card by Sylion is another step toward a culture that understands the practical functions of design.
Death to visual trash!