There are still a few bugs to work out, but Texstar has posted, "We are going to do a quick TR4 with an updated kernel/hal and then a final right after provided the kernel works out a little better. Whatever is still outstanding, we'll work on providing fixes via rpm updates as time allows."

Some of the issues the team is still working on include (updated to denote progress):

1 - Update kernel to fix boot hangups (DONE ready for TR4)
2- Update Hal to fix boot hangup (DONE ready for TR4)
3 - Release new kernels with updated ndiswrapper and madwifi drivers (IN PROGRESS)
4 - Update default beryl configs (our default configs no longer work correctly with the 0.2.0 stable release)
5 - Debug the ati/frglx rpms against the x11-driver-finalize scripts
6 - Put redo-mbr into the livecd menu menu (DONE)
7 - put additional scsi drivers in the /etc/sysconfig/installkernel (DONE)
8 - Fix no reboot option in livecd installer (DONE ready for TR4)
9 - Fix first kmenu too low on taskbar (DONE ready for TR4)
10 - Fix arts knotify (DONE ready for TR4)
11 - Fix TightVNC (Done ready for TR4)

Full Thread.