An international team of scientists studying a 195-million year old rib from a Lufengosaurus (a 20-foot long dinosaur that looked like a brontosaurus but was potentially bipedal, artist's rendition below) discovered a little organic material preserved inside the bone. Obviously, I've been frantically trying to get John Hammond on the phone all morning.
[They found] collagen proteins locked inside. The scientists also found hematite, an iron-containing mineral possibly left over from the dinosaur's blood, that likely contributed to the preservation of the protein bits. Proteins are the way DNA manifests itself, so protein remnants can help scientists gain information on dinosaur biology and evolution that rock-like fossils alone can't offer.
Cool, but what does it mean for cloning? "We can't clone dinosaurs." Don't you dare say that. Where there's a will, there's a way, and I've definitely got a will. "What's it say?" It says, 'If I die I want all my stuff burned with my body so nobody can have any of it.'
Keep going for several more shots including what the dino looked like, a pic of the bone, as well as a closeup of a vascular canal that used to carry the dinosaur's blood.
Thanks to Matt, who plans on stealing the bone and hosting a prehistoric BBQ.