-Plan: release 3.09 very soon with couple of bug fixes (including regressions) and translator included. Hopefully release 3.10 in time for TeX Live 2010 with updated documentation about new features.
+3.10 will be released this weekend, eventually monday.
Code in repository is always in **release candidate stage** for next version. It's usable (because authors use it :-) ), but not all features have been extensively tested. After bugs targeted nextrelease are fixed, and it's proven that no standard features were broken in the process, it will be uploaded to CTAN.