The experimental and theoretical status of the ``near perfect fluid'' at RHIC
is discussed. While the hydrodynamic paradigm for understanding collisions at
RHIC is well-established, there remain many important open questions to address
in order to understand its relevance and scope. It is also a crucial issue to
understand how the early equilibration is achieved, requiring insight into the
active degrees of freedom at early times.Comment: 10 Pages, 13 Figures, submitted to the proceedings of the Second
Meeting of the APS Topical Group on Hadronic Physics, Nashville, TN, October
22-24, 200