Pepsi seems to be slowly and sneakily teasing the new identity in Romania as well. I just saw a bunch of print ads with the tagline "I can" - Eu Pot (skater, boxer, etc). The gist of the campaign in Romania seems to the ability of humans to make change and that seems to be part of the new global campaigns Refresh 2009, meant to launch the much publicized new logo and the new Pepsi bottles/cans.
There is some controversy around this campaign and I will only underline a couple of points:
1. New logo has received loads of criticism over being overplayed, silly and looking like a butt crack; the leaked presentation by Arnell Group did nothing to help
2. Many in the US have seen a likening to the Obama Logo but to be honest I fail to see that, if only for the round shape.
3. Many people have seen a piggy back on the Obama slogan, as the new Pepsi commercial (see above) features the Yes You Can and the word Hope as seen in previous Obama commercials. Personally, I think that was the idea - to point out that there is a Pepsi moment in every big moment, that the Pepsi O is part of every important mOment.
That said, I find the idea behind this particular execution just as full of hot air as the Arnell presentation of the logo. I mean, come on Pepsi, I see your point about new generations bringing about change, but to link that with the Obama election is a bit far-fetched. Other than that, the references in the commercial are not too bad and they point to significant moments without the BS-ish connotations.
In Romania, the new communication seems to be teased out very slowly and I cannot wait to see if this is connected to it, although it seems rather obvious that it is since EU POT appears to be written with the Pepsi old type. In the eupot.com link you will find some of the most important bloggers talking about what they can do.
communication is essential to business making and it involves more than the ability to name your product, write a tag line or a press release. It's an intricate, rational and scalable effort and, let's face it, not anyone can do it.