As noted previously, Davis Phinney's son Taylor (blog listed below) is an up and coming Junior, who's just won his first (I believe) international stage race - Le Tour De L'Abitibi in Quebec.
You can follow the first couple of stages through his blog and see the rest of the results over at CN
Things continue to bode well for the future of American racers going up against the iron overseas. Taylor's teammate Danny Summerhill (9th at Quebec) captured the Silver medal at the 2007 World cross championships in the Junior class, and is showing just as much promise on the road. Very encouraging.