A working party on selection and admissions recommends a single body to handle all undergraduate applications.
From BBC News.
That would totally suck. Applying to Oriel is a very different proposition to applying to Wadham. Plus, I don't this measure is necessary, people often get interviewed by more than one college and are in oxford for two days - much longer than Cambridge.
Admissions seems to be one of the few things that the colleges work together over - making sure that the best candidates do find a place somewhere in the university.
I don't like change :)