It is probably also the only one that will involve the formation of a New Registry, so this is the main event as far as speculation is concerned. It seems highly unlikely that most major ccTLDs are going to actually run two versions of their ccTLD. Chinese ccTLDs are are already linked and Japan and India have already sent pretty clear signals that they will take a similar approach.
More and more places and services popping up to promote and sell IDNs in Japan. Check out this marketing link.
http://xn--t8jx73hngb.com/campaign/idn2/
"A picture is worth a thousand words" if you don't speak English...
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