Office 12 beta 1 in November

From BetaNews.com :

You mentioned that there is a beta coming in November. What are people likely to see? How far along will things be by this point?
Sinofsky: When we come out with our beta, it will be our Beta 1. That's the first of the betas, so it will be in the kind of shape that people normally expect Beta 1 to be in.

Maybe even beta1 on november 1st....
office12