scheduled June release. What, you've nova heard of a delay before? Anyway, following three years of development, NetDevil noted on its forums that the game is going back into the darkness of development to emerge at some point in the future. The company doesn't even plan on announcing a new release date until it has "established [its] road map for the next few months."
The delay was caused after response during the "Friends & Family" phase of testing brought up a lot of feedback. Considering how competitive the MMO market is now, the company is probably taking the wise approach by polishing the "feature complete" title to a shine before release. MMOs don't get a second chance to make a first impression anymore.