The Mock LISA Data Challenges (MLDCs) have the dual purpose of fostering the
development of LISA data analysis tools and capabilities, and demonstrating the
technical readiness already achieved by the gravitational-wave community in
distilling a rich science payoff from the LISA data output. The first round of
MLDCs has just been completed: nine data sets containing simulated
gravitational wave signals produced either by galactic binaries or massive
black hole binaries embedded in simulated LISA instrumental noise were released
in June 2006 with deadline for submission of results at the beginning of
December 2006. Ten groups have participated in this first round of challenges.
Here we describe the challenges, summarise the results, and provide a first
critical assessment of the entries.Comment: Proceedings report from GWDAW 11. Added author, added reference,
clarified some text, removed typos. Results unchanged; Removed author, minor
edits, reflects submitted versio