Here is what’s happening with the 1.2 status: I am still waiting for craftbukkit to release a recommended build. While the developers of Craftbukkit are working hard on it, there is no say when it will be done. I will make a post here when a build is out. Then, I will have to make sure all the vital plugins are updated and work fine with the new version. Then, I will start the upgrade process to get it done ASAP. Hard to say when that will be though.