Midgard follows Ubuntu's synchronized release schedule , and releases packages for that platform, but otherwise we have little to do with the distribution.
Still, I found the following in Mark Shuttleworth's Jaunty Jackalope announcement interesting:
Another goal is the the blurring of web services and desktop applications.
"Is it a deer? Is it a bunny? Or is it a weblication - a desktop application that seamlessly integrates the web!" This hare has legs...