If you want to understand what's going on wrt SHA3, you might want to look at 
the nist website, where we have all the slide presentations we have been giving 
over the last six months detailing our plans.  There is a lively discussion 
going on at the hash forum on the topic.  

This doesn't make as good a story as the new sha3 being some hell spawn cooked 
up in a basement at Fort Meade, but it does have the advantage that it has some 
connection to reality.

You might also want to look at what the Keccak designers said about what the 
capacities should be, to us (they put their slides up) and later to various 
crypto conferences.  

Or not.  

--John
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