According to a local TV station here (ABS-CBN), Pacquiao noted that his mega fight with Floyd is now 90% complete. He and his camp now are just waiting for Floyd to sign the contract, while Floyd is currently ironing-out/final-checking the negotiation..
so yeah, interested fans really have the right to be excited now..
That news was given today, 12/12/2011, while a later interview with Manny can be found here:
http://www.abs-cbnnews.com/sports/11/30/11/pacquiao-negotiations-mayweather-fight-almost-done
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