Yes, 'tis true, we're running way behind schedule. In addition to all the delays Don mentioned, we're also waiting for our lawyers to draw up a contract for the service and we can't launch without it, unfortunately.
Just to clarify things a bit, the service we plan to offer is hosting on our own shared server, not helping people colocate their own systems. We can't really help with that because Exodus has steep insurance requirements which essentially force us to own all the hardware on our rack.
I'm trying hard to keep from turning these forums into a classified ad section so people should e-mail me (firstname.lastname@example.org) if they want to be on my mailing list for further details.