The awesome people over at OpenDNS have started a new project call PhishTank. The purpose of this site is to catalog & make available phishing sites in order to filter them out of the Net.
I am just waiting now for someone to write an Outlook Plug-in to automagically send suspected phishing e-mails to the site for verification.
I love products and services that make use of the "horde" mentality. Lets just hope that the big boys like Microsoft figure out a away to intergrate IE7's phishing filter with this site as well.
The only downfall I could see to this service is if the Phishers themselves where verifying the sites as Good or worse yet set up bot nets to do mass verification.