Assuming Apple releases the SDK at the end of the month of February, as is their way nowadays, it could be much longer before we see a large number of apps on iTunes. Apple will have to hire new employees and build infrastructure to test out these apps. It's likely they are using the time until the release to build that infrastructure. I'll wager that is the reason for the long wait, not the SDK , which is probably mostly finished.
It also wouldn't surprise me that they have already given a rough version of the SDK to a few select vendors who will have apps ready for sale come the public release of the SDK.
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