Hi, I can add a few data points.
1st concerning PLSB/Nortel - Avaya is selling PLSB on their different switches and there are a bunch of deployed networks, data center/metro etc., one now topping 60 nodes or so I'm told. I've played with it and its very complete.
The standard version of PLSB is a subset of IEEE 802.1aq shortest path bridging. Its nearing completion now at the IEEE and with an IETF component that describes the IS-IS extensions.
802.1aq just went through interop between Avaya and Huawei in my lab (5 physical 32 emulated nodes) and included control/data path and L2 Pings etc. without serious problems.
There is a pretty extensive write up on wikipedia and many links to papers, slides and the NANOG tutorials and overviews. The interop report should be up there shortly too.
Start here:
newbielink:http://en.wikipedia.org/wiki/IEEE_802.1aq [nonactive]
Peter Ashwood-Smith/Huawei Technologies Canada