ArcheAge is that the game will be using update 1.2 for the game, news that brought forth much rejoicing. The bad news is that as a result, the game's beta has been somewhat delayed. Trion Worlds has outlined the state of the game in a recent blog post explaining where the game is in testing and what players can expect in the future.
In order to get the new version into testing as soon as possible, the developers are not adding in the Trion-specific features to the game which were mentioned previously on the forums. Closed beta events will be starting in mid-July, with a separate alpha server available to see how the 1.2 play environment plays and what benefits it offers. If you're interested to hear about the state of development, take a look at the full update and get ready for the paradigm shift.