actually it is said that some reforms are going to be implemented from next year onwards " if things go right" . then on there will..or may be a common engineering test called ISEET. it will consist of two papers .. a main one and an advanced one...there will be an aptitude test based on critical thinking , logic , comprehension. and then there will be a subject test just llike iit jee..actually this is what i have heard ..iseet is going to be as hard as the present iit jee...and for iseet weightage will be given to 12th boards too...so i think we should study for iit...and in case iseet comes up ...i think we will be kinda ready for it ...its just that we may/ may not have to do something extra abt the aptitude test...well this is what i think...hope this helps!!
cheers!