regardless of the reasons, mtgox is not addressing the issue in the right way. they are just hiding the truth giving us lame excuses - this is very dissapointing.
I think the fact that JPY domestic transfers started appearing from a new bank (as reported by someone else in this thread) is a sign of progress. It means they actually have at least one new banking partner. I doubt the queue will get handled very quickly by the new bank. 1 of 10 withdrawal attempts from MtGox bounces due to wrong information (wrong account number, wrong owner, wrong SWIFT address, etc), and all of the bounces have to be handled manually by their bank. This is what overloaded their old bank. They will have to work slowly through the queue to avoid too much work at once, but hopefully at a much faster pace. I hope people will report here when their transfers from June start arriving.
On the other hand the SEPA volume has exploded, and there are still withdrawals in queue as far back as August 31st. :-(