Goody! With OS2 on the doorstep, I was getting worried that life would have no meaning after February. Now, the positive thinkers among us will have a new delivery date to look forward to and the detractors will have a reason to warn us about the dire consequences of RIM missing another deadline. Life is good!
I believe the OS itself is probably well advanced - not too sure for the hardware which it what they are supposed to be waiting for -but it's only reasonable that the software be ready (for demonstration) by May.