While I claim no inside information, I’ve been keeping up with the nightly builds of the new WordPress. The checked in updates the past few nights have been very low in number. My feeling is the crack WordPress development team is very close to releasing the first public betas of the software. I’ve been using the 1.6 alpha builds for some time and have experienced extreme stability and functionality. The greastest improvement, I feel, is the ability to upload photos inline with your post and then drag and drop your photos to the post entry form itself. Very nice feel and functionality.
For those developers among us who have not played with it, it is very AJAX heavy, but not unbearable in page loads.
