Grav 1.1 until xmas 2016???

I understand "it's done when it's done" but finally GRAV 1.1
will be released until xmas 2016???

Develop a cms yourself then! For free. In your spare time.
Why would you even ask such a question?

Christmas seems rather far off given the progress of betas, my bet would be during the summer.

Release Candidate 1 was released today. If we can get a good portion of users testing and reporting issues (maybe even fixing issues!), we'll get final out soon.