Most people forget that we've only mapped the complete genome of a few people.  Although significant, the real breakthrough will come from population level analysis of genetic variation. 

The International HapMap Project is doing just this.  Haplotypes are genetic sequence blocks that are shared by many people.  Once these haplotypes are mapped it will form a powerful shortcut to identifying inherited gene sequences linked to disorders such as diabetes, heart disease and cancer.

Biomedical breakthroughs extending life and health are closer than we think. The aggressive timeline for the Human Genome Project started in 1990 was 15 years.  It was completed in 10.  What projects are being worked on now that will move much faster than most expect?