I'm seeing some deliveries of orders as late as 10/10/05. But, CSMC is over a year into production I'm also still seeing deliveries of guns ordered on Day 1.
If you're willing to "wait until they ship it", then by all means do so. I believe you will get your gun, eventually.
I wasn't willing to wait for an indeterminate time period, and cancelled my order 3 months ago. I don't regret it; CSMC's lack of communication was just unacceptable to me. Furthermore, my order was more than a month beyond the most recent gun delivered - which looks like it could be another year before they would have reached it.
CSCM stopped taking orders for the RBL Lauch Edition on 12/31/06; how long it will take them to fill those orders is pure speculation, since they won't tell us how many orders there are or how many guns per week/month they are shipping.