I'm not so sure it's too late. It just depends what your looking for. I for one, don't care about all the streaming mumbo jumbo. The new codecs, audyssey, hdmi 1.4, and the best sound around does the trick for me. I wish the timing was better. I am finishing up my home theater project this weekend and unfortunately will be taking my living room rig(990 and 7125) to the theater until the 978 comes out. It will be a pain to be sure, but the promise of the 978 is too enticing.

As far as streaming goes, the quality is never there. Almost, but nothing like popping in a bluray. Maybe some would disagree, but I can stream netflix from my xbox anyways. And I can stream pandora and the like from my bluray player. I don't need to pay for redundancy. So unless there is something I'm missing, the 978 is perfect. The only caveat to all this: if it's not out in the first half of this year, i'm not waiting forever. My living room will be living off of the tv's sound, ugh, until then so I definitely will not wait past June. Oh and Peter, no matter the status, give us an update please. Lots of loyal people around here that want an update. I almost pulled the trigger yesterday on something else and I just couldn't bring myself to do it. i'm sure with an update, I wouldn't have even thought about it.
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Family room
Outlaw 990/7125
Klipsch RF-25's, Klipsch RC-25, Klipsch RS-25, Klipsch RS-52's

Home theater
990/7125 - Until the 978 is released
Seymour Av xd 120" screen
panasonic pt-ae7000u
3 In cabinet Axiom M80's, 4 Qs8's, In cabinet EP-800 subwoofer