If they placed a dummy payload into Orbit, the payload is space debris and should appear in the TLE files soon.
There was no payload separation mechanism, their satellite simulator remains attached to the upper stage. I was assuming they were going to deorbit the whole thing with another burn, but it looks like it's up there for good now.
Pity it's orbit wasn't a bit lower so it would decay this side of 2100 though.
The JSR has the Falcon 1 second stage with "RatSat" in a 621x643 kmx9.3° orbit: http://planet4589.org/space/jsr/latest.html
That's correct, it's appeared on the space command database about an hour ago. (2008-048A/B)