Since a ton of people are going to refer to this year as "Two-thousand twelve" instead of correctly calling it "Twenty-twelve", I propose an entirely new method – dropping the first two digits entirely.
No more confusion. 2007 is "seven", 2012 is "twelve". It only becomes an issue when we get to the 2100's. Does it start over? I don't care, the future can figure that one out!
I'm sure some people do this already. Awesome! Keep it up.