Membership 3.X Status and Timeframe Update?

Hey all-

I'm not sure if this requires a new post, but over on this thread:

Mason wrote this:

We are near completion on a huge overhaul to the membership plugin. We've done a complete rethink on the way options are presented, have added an 'easy setup' wizard and are adding tons of contextual help so that no matter where you are there is pertinent information.

I'm wondering if the release is close enough that it might make sense to wait for it instead of mucking through my first install with the current version? I have a lot of ideas that I want to implement, and will be using Backup Creator Pro (or some other plugin) to duplicate my efforts. Of course I need to get the initial one up and running first and would rather not waste my time and effort.

Does anyone have thoughts on this?