Just a quick update if you haven't been following the discussion: Kasatochi volcano in the Aleutians is now listed in "Red Alert" as it is erupting (see image above). Not many details beyond the typical description of ash columns, in this case reaching 45,000 feet, which is a pretty decent height. The Coast Guard warns of pumice rafts from the eruption, but it is hard to tell if it because they exist, or that it is just the generic warning for any eruption at sea. The two USFS biologists were evacuated before the eruption.
Edit 8/8/08: I'll add a link to the official USGS Press Release on the Kasatochi eruption. So far, it seems like another volcano that went from no indications of activity to eruption in a fairly short period (< 24 hours).