BlogsMU now says Last Updated: 2010-10-8, is this the update we've been waiting for?

Hi. I've read all about the updates coming soon for BlogsMU. I'm specifically waiting on the sub-menu update, because we can't launch our site without it, too many menu items. I've been watching the "Last Updated" date for a while now, and now it's changed to Last Updated: 2010-10-8. Any updated information you can give me about this? Thanks!