Look at the huge amount of commits on their git page:
https://github.com/wavesplatformI am a tester and I can tell you things are moving forward rapidly. The devs have managed to build a stable, running network.
There are already cooperation agreements waiting to be announced when the mainnet starts.
Also don't forget: Mycelium has analyzed Waves and decided to integrate it:
https://www.reddit.com/r/Bitcoin/comments/4xeer1/mycelium_wallet_update_and_road_map/I am really disappointed with the way Sasha is running development. It is like there is always something wrong with all the endless excuses and surprises. This is not a good sign and we have seen other projects like Augur that have collected funds from the community but has nothing released until now.
What is really wrong with the development? Can someone straight from the development team talk to us?