Judging from the information provided here:
http://storj.io/earlyaccess.html I imagine the test phases will be complete sometime around March 2015... But there is no fixed deadline.
Right, I just hope that this project succeeds and not get dropped halfway through. Need a cheaper way to store my files

I second that. With the built in redundancy, it will also be more fault tolerant. With the Encryption where We hold our keys it will be more secure to boot. With the integration with other projects like MAID SAFE, Meta Disk and Drive Share it will be easy to use as well.