Jeronimo Cello, Aniko V. Paul, Eckard Wimmer
It is a pay-per-view ($5 for the download), but the full article will be coming out in print format in the next issue of Science, available in many libraries. I will repost its abstract into the Library at that time.
In short, a weaker but genetically identical version of the poliomyelitis virus has been chemically created -- using only the freely available RNA template -- at the State University of New York at Stony Brook. If you count a virus as being "life" ... we have just created life.