We present an exact diagonalization study of the ground state of the
spin-half J1−J2 model. Dimer correlation functions and the susceptibility
associated to the breaking of the translational invariance are calculated for
the 4×4 and the 6×6 clusters. These results -- especially when
compared to the one dimensional case, where the occurrence of a dimerized phase
for large enough frustration is well established -- suggest either a
homogeneous spin liquid or, possibly, a dimerized state with a rather small
order parameter