Via WebmasterWorld a member said that he spoke with his UK representative who told him the release of Yahoo! Search Marketing's new search ad system, aka Panama, won't be released until the second quarter of next year.
Project Panama has moved further back. It's now sitting at Q2 2007, at the earliest, for UK release.
The US release is still expected in Q4 of 2006.
Forum discussion at WebmasterWorld.
This article was written the night before, and scheduled to go live the following morning.