Rails 1.1 is coming--when and what remains to be done?

A ‘Rails 1.1 is coming’ message was posted on Feb 26, 2006 at:

http://www.ruby-forum.com/topic/55991

And Feb 2006 was mentioned in the release announcement for 1.0 back in
Dec 2005.

Is there a new time estimate or list of what remains to be done before
1.1 is released?

Also, will there be any release candidate gems or will people be
encouraged to use edge rails?

Thanks.