A japanese scientist, pretty famous in its country have recently demonstrated that cold fusion is possible.

See some articles:
http://newenergytimes.com/news/2008/29img/Arata-Demo.htm
http://www.newenergytimes.com/Library/2004Arata-FormationOfSolidDeuteriumB.pdf
http://expansionarytimes.wordpress.com/2008/06/12/cold-fusion-demonstration-a-success/

I agree with the wordpress blogger that says this news was practically ignored by the media, especially american. Pretty sad, maybe not so surprising..