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People had been asking if we'd be doing this again. Yes! Sorry for the late notice; this year I have to read applications and prepare for Startup School at the same time. (I think I will try to avoid that in the future.)
Thanks for this and getting the smaller startups to on this as well.
All good pg, we know you're busy and we appreciate it.

Personally I'm planning on dropping by Scribd and maybe Greplin if I have time. I'm hoping it'll be a bit more intimate than the craziness I expect at Airbnb and Dropbox.

I had assumed that it was on purpose so that you might have one more pre-screen type opportunity, or one more point of data, apparently not.
Looks like fun!

I'll be watching the stream from NY; were any NY-based YC companies invited to host satellite events/open houses?

(Would any like to? I'll provide the philtrum towels!)

I'm assuming this is open to everyone? Or is it only open to people who received invites to Startup School?
Yes.
Out of curiosity, what purpose does this kind of a session serve?
The same purpose this forum serves: talking shop.
From hosting/attending open houses for the past 2 years, we've seen:

networking, hiring, advice, socializing/drinking, partying

If you like hanging out with smart people, the open house is the place to be.

Man I already booked a flight that leaves around noon! This would have been a great experience. Oh well, I will have to suffice with the other festivities.
Come to Heyzap to meet us and other great mobile hackers.

We are going to have burritos being made on demand and potentially a web luminary or two (or just me)