All done. Contrary to many who have expressed dissatisfaction with the Indian consulate in Chicago, my experiences dealing with them have been positive, but one needs a lot of patience. My $0.02 - if all your docs are in order, things will get done, although they can take a bit longer than what may be the norm in Western countries. If for any reason the docs get off the main processing train, one has to worry because I don't think they have systems in place to handle exceptions. In reading these forums, I've learned that things do get resolved eventually, albeit after a lot of follow-up/threats/frustration.
I have found this forum very useful for info and would like to thank everyone for contributing. Here's my little piece to the entire puzzle and hope its helpful. Good luck to all current and future applicants!
Background:
Two applicants - Mr. & Mrs. USOCI
US Citizens - Aug 2007
Indian visas in US passports; "Canceled" stamps in Indian pps - Dec 2007 (therefore not required to obtain the Certificate of Renunciation)
OCI Timeline:
March 22 2010 - OCI application mailed (FedEx Ground)
March 24 2010 - Application delivered to Chicago Indian Consulate
May 10 2010 - Application acknowledged
May 14 2010 - Scanned
June 24 2010 - Granted
June 26 2010 - Printed
June 28 2010 - Documents dispatched to Chicago
July 01 2010 - Documents received in Chicago
July 14 2010 - Sent US passport, Indian passports to Indian Consulate (FedEx priority)
July 15 2010 - Passports delivered to Indian Consulate
July 26 2010 - Passports, OCI docs mailed by Indian Consulate (USPS Express Mail)
July 28 2010 - Docs received, all in order.
At no point did I get any email/direct communication from the Indian Consulate. All dates from status page or shipping lables/tracking info.