>>We're using Agile in our projects. Have daily stand-ups, 2 week long sprints, Monday sprint planning (when new sprint starts), once or twice per week story time, on Friday once in two weeks (tomorrow for me) sprint demo. I actually like it, it makes you more accountable, the tasks are more achievable and also it's a nice way to show your progress.
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>That sums pretty much some key highlights of that methodology.
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>Have you found the documentation been cut consideraly? Has there been a decrease in management towards those projects compare to traditional environments?

Our R&D does pretty good job in creating User Stories with mockups and acceptance criteria. I do find myself often in communication with one person who writes these stories to clarify some points but in general the User Stories are well written and self-documenting. So, the developer works on a User Story, then another developer does a Code Review, then if all is well, it is going to a tester who follows the acceptance criteria to test. So, the process works very well, in my opinion.