Is China ready to say Ciao to Mao?

China has issued a new 10 Yuan note to commemorate this summer's Olympic Games in Beijing.
This may prove to be a masterstroke by progressive elements within the Communist Party of China who would like to begin to move 'Chairman' Mao Zedong off stage.
Despite ascending to Dictator Heaven over 30 years ago, Mao's legacy and his position as the Father of Modern China has seemed unshakable.
However, forward-thinking Chinese are acutely aware that outside China Mao is viewed as a villain rather than a hero.
Dismantling a personality cult is a tricky business though so it may be a while before Mao's portrait is removed from its perch overlooking Tiananmen Square.
Perhaps the launch of a new note is the first step to toning down the euphoric worship of Mao and revising the conventional wisdom on his impact on the People's Republic of China.
His image can be found on every other Yuan note. Issuing a new note with, say, Deng Xiaoping on the front would incite outrage among traditionalists in China. But nobody can argue with a new note marking what Beijing hopes will be the People's Republic's finest hour.