mk: Nobel laureate Gerard t'Hooft, who was present for the discussion, has been thinking about information loss in a similar way, and he cited several papers he has published on the subject. It will take more discussion — and much comparing of math equations — to establish what's new about Hawking's theories in relation to t'Hooft's, and whether Hawking has overcome some of the issues associated with earlier iterations of the idea.
I have heard anecdotes that suggest that Hawking is not the most gracious of scientists, and that he has not shared credit when he should have. I wonder how t'Hooft feels about headlines like this one.