I feel like Obama ;-) Sorry.... ;-)
More seriously - I have a hard time with feature creep! Most of the feedback we've gotten through the beta process has been 'this is great but could you also make it do xxxx'. I have a hard time saying no to so many good ideas.
OK - alot of other feedback has been like yours - why is this taking so long. See earlier comments...
We're almost done adding support for 'shared contacts'. I will try very hard to make that the last major feature (but have to get that feature working well enough that people are happy with it).
We should have our final beta within the next few weeks (so maybe be pessimistic and double that?).
We are trying very hard to get v3 ready, but we must make sure its existing new features are complete and coherent. I hope you find it was worth the wait.