If there’s one major disadvantage of feature-based releases it’s the unpredictability of the release cycle. They’re simple. You put forward a wishlist of functionality and set yourself loose on the code. They’re also the bastion of the “it’ll be released when it’s ready” attitude and the cause of the most famous piece of vaporware in software existence. Yes, you know the one. Duke Nukem Forever.
‘Cause you know, it’ll take forever.
At any rate, looking at the proposed feature list for WordPress 1.3 I think I’m going to have to roll up my sleeves, learn some PHP and dig in. Maybe I can help out – you never know.