Ben Forta gave us a sneak preview into one of the new ColdFusion 9 features. According to his website, You can now use cfquery without a datsource:

As long as you specify a datasource in your Application.cfc file:

This is a great time-saver and especially will allow for increased code sharing between developers and applications. You will be able to drop existing or open-source queries into new applications without having to do a find/replace on the original code to replace the existing datasource.