Here is a recent news piece describing some of what’s going on at the new USC center where the first publicly accessible D-Wave One is housed.
A Quantum Leap in Computing
USC recently opened the USC-Lockheed Martin Quantum Computing Center, which houses the world’s first commercial operational quantum processor. USC Dornsife researchers will play a key role in advancing the center’s groundbreaking research.
By Ambrosia Viramontes-Brody
January 3, 2012

Daniel Lidar, a professor of chemistry in USC Dornsife with a joint appointment in USC Viterbi, serves as the scientific and technical director of the recently founded USC-Lockheed Martin Quantum Computing Center. Photo by Ziva Santop/Steve Cohn Photography.
I like your idea of world domination as a mission statement. Even galactic conquest. Then you plan your first steps toward getting a strong base in the world from which you can mount your massive campaign. At this stage you don’t worry about things like not having enough antimatter or a functioning anti-gravity device. Those are final stage tactical issues to be dealt with later.