"The Playing Rules Oversight Panel (PROP) during its conference call on Tuesday approved moving the kickoff and touchback lines beginning with the 2012 football season.
Next fall, teams will kick off at the 35-yard line instead of the 30. Also, players on the kicking team can’t line up for the play behind the 30-yard line, which is intended to limit the running start kicking teams used to have during the play.
Also, touchbacks on free kicks will be moved to the 25-yard line instead of the 20 to encourage more touchbacks. Touchbacks on other plays (for example, punts that go into the end zone, or fumbles that go out of the end zone) will remain at the 20-yard line." - from NCAA website
What I really didn't like was the no-running-start rule for coverage teams. The 35/25 would make elite kickers even more valuable, giving a major field position advantage for a team who can kick it sky high with good coverage. Coverage rule may negate that effect if you can't get down there quick enough.