At long last, and after much dreaming, it looks like an L.A. trip is growing increasingly likely (and imminent). My manager called me early last week to update me on our quest to land me an agent. A few weeks back, we'd gone out to agents at three of the major agencies, and then followed that up with another three at slightly smaller, but no less prestigious, companies. As of last week, we'd still only had one tentative and one confirmed agent interested, and the one whose interest was clear followed up with my manager (a very good sign) to see what the status of the project was.
From everything I've heard, read, and experienced, this is almost as bad a time for an unknown writer to try and secure representation. Very few people seem to want to read new material by new writers and risk getting on board with something that is not a "sure bet" - especially because even "sure bets" with established talent involved are giant leaps-of-faith now. The spec market seems to be warming (possibly), in large part due to Inception and other original successes, but it's a slow climb back to high interest levels from industry players. The level of caution is still difficult to overcome, and for outsiders like me - i.e. unproduced, unsold, unknown - the hope of getting work over someone with credits is incredibly low.
All of the above means that having interest from an agent at one of the top companies is a major coup. (Aside: I'm not trying to toot my own horn here; rather, as always the purpose of the site, I'm trying to put things in perspective for our readers in similar or hoping to be in similar situations.) If you're based anywhere but L.A. as I am and you really want to try and break into the film industry, there is very little that should get in the way of you taking advantage of an opportunity like this. When my manager called and asked if it would be at all possible for me to fly out west for a day or two, I immediately said I could drop whatever and go whenever. Even if the agent and I don't click - the purpose of my trip would be to put in some face time and see whether or not we could work together - the opportunity to go out there is something that I can't pass up. I might not get another chance like this.