Looking at the federal forms list, it shows as "available"; however, I also have not seen the update become available.
Given the number of people using and updating TurboTax at this point, I expect that the availability of the update will vary once they start pushing it to the update servers. It likely has to propagate through whatever Content Delivery Network service they are using to all the local points of presence. That being said it would be nice if they could at least let us know that they have started pushing the content, or have delayed it again.
