We had no idea it would take so long to get version 1.1 out the door. We are just now releasing our eighth official beta version of 1.1, and we feel like we are getting closer to having it good enough for a general audience. There is such a difference between the current 1.1 version and the released 1.0.4 in terms of stability; we think Sandvox users will be pleased.
Once we get 1.1 out the door, we are anxious to begin work on version 1.5, for which we have plans for some new pagelets and page types, rich text options, new HTML hooks for Pro users, and so forth. We have received your many suggestions; now we just need to actually build them.