Several states reported that 2012 new Morel season has officially started! So if you're in Alabama, Georgia, South Caroline, Tennessee, Arkansas, Mississippi and California states - GO HUNTING!
You can see reports here: http://www.morelmushroomhunting.net/report/current/mmhc_report_page1.html
These shown in picture below were the ones I found last spring and hopefully will be picking them again this year as well. Of couse my area won't see them for at least two more months but who knows, maybe it will be a bit early this year and I'll find them in April. Happy hunting!