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According to third party web reports, the PSJailbreak team has revealed that they will be releasing Backup Manager v1.1 shortly. This new revision will include new features and tweaks. Elsewhere they took a moment to clarify that the launch delay was due to a need to finish the packaging and finalize the latest software. Finally, they have reportedly made a large donation to those retailers involved in the fight against Sony regarding the sale of PSJailbreak.
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Let them try releasing it. They've had to hand over all their stock to Sony and if the Aussie courts determine they are illegal, Sony keep them. The software will work for cloner releases and chances are these guys will end up being legally forced not to do anything to increase the demand for them.