Ok, so I've settled on Erlang as the functional language I'm going to study this year. I'm not really going to jump in until May, but I'll play in the wading pool until then.
I'll be using Programming Erlang: Software for a Concurrent World as my study guide, along with any good looking blogs/websites I track down while I'm working on it. I've already seen Dave Thomas' two posts on Erlang (A First Erlang Program and Adding Concurrency to Our Erlang Program) and Yariv Sadan's blog looks good too. If I'm missing some good blogs/resources, please, let me know.
I'll track my progress here. Don't expect any whiz-bang results right away, but hopefully it will be both interesting and useful (at least to other Erlang newbies out there).