Yep so. Stuff is getting real. CFC has deployed and is about to test it's might against all things not CFC. Should be fun.
Pcgamer did a bit on it: http://www.pcgamer.com/2012/06/29/tens-of-thousands-of-eve-pilots-fight-over-a-single-star-system/
They actually have a live "war" correspondent streaming it and updating them.
edit: ha, he got destroyed less than a minute after he hit the front line in his first go at it. The second archived stream is 2 hours long so that one must have been gone a bit better.