I am very interested in the Geek Wave, but after everything I have read with their previous products I am a little worried. I have heard great things in regards to the products themselves, it is receiving them that seems to be the issue.
you sound a lot like me, except that i started looking into the wave about 6 months ago. i backed (in for almost $1k). if i had it to do again, i would wait for retail... and in the meantime keep an eye out for other (currently available) products that met my requirements.
buy today, and it's a large up-front sum, a lot of uncertainty, and more than a little frustration for *possibly* $200-$300 savings on the back-end (some undetermined time down the road, possibly not even this year). to me, that's not worth it-- even if it ends up being the best DAP ever. and that's the absolute best-case scenario. imagine going through all that and then being disappointed by the final product (unlikely, given lhl's track record, but possible [see verb iems]).
edit: re-reading this, i really wish someone had written this very post before i got involved.