This Boxes and Arrows article, Card sorting: a definitive guide, is being heavily linked these days. It’s a fine read, . giving an overview of a classic. But I’m thinking, while card sorting is excellent when having access to the actual participants, individuals or a group, the method proves difficult when working in a smaller group of people spread over a vast area, developing on stuff not quite ready to be showed to everyone else. But maybe you could do it online? How about Flickr, couldn’t you do an online session, getting your peers to sort images representing the cards?
I might be missing something here, but I’ll give it a think…