The World Universities Ranking on the Web produced by Isidro Aguillo and his Internet Lab (http://www.webometrics.info/) is very interesting! It contains a huge amount of data and ranks universities' web presences using categories of different documents published. It has already caused a stir outside of Webometrics, so will generate good publicity for the research area.

A very interesting new research topic is Wikimetrics. For a good overview and some technical information see Jakob Voß's Wikimetrics blog http://wm.sieheauch.de/
Jakob Voß gave a superb presentation on Wikimetrics at ISSI2005, which is available from the above link.

Kayvan Kousha has reported some very good news:
We have established Iranian Webometrics Research Group (IWRG) and run the The first workshop of Webometrics Research. We are trying to collaborate in this area and find more and more intersted people in Iran to study and research.
You can find more about the group at (not the main website)
http://www.koosha.tripod.com/iwrg/IWRG.htm