as you may or not (yet) know, at least Dries is pushing the idea of a Context implementation getting ASAP into core, with Drupal 8, along with mobile, HTML5, better CRUD, UUIDs, etc, more APIs.
Multi-device publishing (aka mobile); clean HTML/CSS, HTML5, contexts, web services APIs, etc
as a result of this, there is a also a third implementation being developed, with the aim of becoming the unified Context implementation for D7, and then, belong to core in D8 - the Butler project:
Working in-progress code for the "Butler" context system for Drupal 7 (contrib) and Drupal 8 (core). It's not fully functional yet and nothing is guaranteed stable in the API, but you can certainly give it a whirl and try to get involved. :-)
so my idea/question is, is it possible, and will there be any plans to integrate Panels with Context or Butler module?
semi-related issue about CTools Selection Rules vs Rules module: