I agree that it has been taking an extremely long time.
I don't see anything wrong with the beta though, what could be taking so long o.0
Things that appear to look nice still might have coding problems.
Not to mention they have to work on obtaining a new forum and try (i believe) to bring old posts over to it.
Also, they haven't set up the new systems that will be introduced, so i'm guessing that's what they're working on.
i heard a mod say feb 2013
I heard a mod say summer 2011. Don't hold your breath.