So while looking around the OTN Tech Blog.
I randomly found a link to this site http://oracleappslab.com/ and from there an internal site at Oracle described here they have some interesting stuff and actually use the phrase "Web 2.0" the way it is supposed to be used, not to describe the technology but to describe the social / collaborative aspect.
It's not APEX but I'll definitely be keeping an eye on whats happening in that space if for no other reason than to borrow someone else's good idea ;).
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Jake