jQuery is now modular, but jQuery.com doesn't have the custom download option like they do for jQuery UI's themeroller. When that comes out, it's going to be big news yet again.
Considering that they have custom download options for jQuery UI and recently added a tool for jQuery Mobile (http://jquerymobile.com/download-builder/), I expect it won't be many more months before they add one to jquery.com.
Does include an online builder at: http://jquip.ubixar.com/ It's also the only version of jQuery to support Google Closure's advanced compilation mode.
Anyway, I'm happy to see jQuery moving into a smaller more modular code-base.