It's already 'out there' in the form of the gradualy improving betas. If your reasoning is merely to have something better than the previous release version, then use the beta - there is no advantage to 'being patient' and not playing the beta..
If you find the current beta version too raw, then guess what your 1.1 is going to be no matter what it's called? Changing the name of .9x 'beta' to 1.1 'released' is not going to miraculously change anything. And releasing an unstable unready 1.1 would simply be repeating the same mistakes as at launch.
I don't play betas. I've been waiting for 1.1. So the version I have is the one from BEFORE Halloween like 99% of everyone else. Don't make the mistake of thinking that active forum participants are representative of the larger player base.
FB listed what 1.1 was going to have back in October. From what I've read it has that and then some. Some of you guys are demanding a never ending increase in requirements before release. That's nuts. If it's stable give it to us.
Give us the 1.1 that was promised. Quit adding more hoops to jump through before it's "good enough".
Does it have global mana? does combat now have a to hit roll? Are people now a resource? Is the inteface better? If yes then if it is stable give it up and go to the next update.
A lot of people start going on Christmas break in the next week or two. So having it come out 3 days before Christmas is not acceptable. It should have been out before Thanksgiving.
If it's a crash fest then by all means don't release it. But if the reason not to put it out there is because of community demand feature creep then that's no excuse to make us wait any longer.