I know were all getting frustrated but its gonna be worth the wait to make the time pass, im currently playing mass effect 1 again before starting to play mass effect 2. bioshock 2 is coming out soon and i still havent finished dragon age.
All these are quality games, and i recommend you play them, it will make waiting for tera more bearable.
Probably with the holiday, and now the preparations for closed beta 3, they have been busy, but i think some news will come in the next week or so (hopefully).