From an excerpt of a University of Michigan press release talking of the Embryonic Stem Cell Research Consortium:

In addition to deriving new embryonic stem cell lines, researchers will use recently developed techniques to convert adult skin cells into induced pluripotent stem cells, known as iPS cells. These reprogrammed cells display the most scientifically valuable properties of embryonic stem cells, while enabling researchers to bypass embryos altogether.

Yes, please, bypass the embryos.