"Upstart is in Fedora as of version 9, making it a welcome example of a Canonical-sponsored project finding its way into other distributions."
Last I heard, Upstart is being developed by Scott is his own time and this was apparently confirmed by him earlier on. Nevertheless the software itself is a useful contribution. Distributions that currently use it are still using the old init scripts under compatibility mode and haven't migrated to new upstart style scripts yet which is probably the important step. We won't see any advantages till then.