Today marks day 40 of Mt. Gox's withdraw freeze for all non-eletronic currencies.  For the past 40 days, at least that I can personally verify, MtGox has been informing anyone who has requested an international transfer of funds in any currency other than bitCoins that their withdraw's are being manually done.  However, no one at all has received their money.

If you are sending Mt.Gox currency to buy bitCoins you are probably safe, as, at least for now, MtGox appears to be honoring bitCoin withdraws.  However, all users who send bitCoins intending to sell them for real currency should be advised that MtGox appears to be in an indefinite hold, and that it may take several months for your withdraw to be honored, if at all.

Hopefully this freeze will be over soon, and Mt Gox will return to it's position as a leader in the bitCoin exchange market.  I'll keep you updated.