The report of the External Program Review Team on Teacher Education to the Oklahoma State Regents for Higher Education featured 23 recommendations for Oklahoma to become a leader in teacher education. The recommendations were grouped into five categories of concerns: program rigor, faculty resources, technology, interrelationships/leadership, and teacher certification. An action plan to implement the recommendations was initiated. The plan began with a Regents staff visit to the 12 state institutions with an agenda listing items for discussion and requests for selected updated materials. In line with the first two recommendations, the plan focused on program viability. This status report is divided into 8 sections: (1) background information; (2) program viability; (3) categories of concerns; (4) incentive grant funding for innovative teacher education programs; (5) NCATE accreditation; (6) Holmes Group; (7) a summary of activities responding to the 23 recommendations of the external program review team; and (8) conclusions drawn from the process. Three appendixes provide: a table of responses to the recommendations of teacher education external program review team by category; topics for discussion at institutional visits; and a summary of discontinuations and a review of options in teacher education by institution. (LL)