Here’s the latest publication by Brian Goetz, Oracle’s project lead for JSR 335, a.k.a. Project Lambda. Here’s a nice example showing new collection features, such as “Streams” using method references:

List<String> strings = ...
int sumOfLengths = strings.stream()
                          .map(String::length)
                          .reduce(0, Integer::plus);

Another nice example showing the use of lambda expressions:

int sum = shapes.stream()
                .filter(s -> s.getColor() == BLUE)
                .map(s -> s.getWeight())
                .sum();

See more, here:
http://cr.openjdk.java.net/~briangoetz/lambda/sotc3.html