Not sure where to post this. But Carlos posted a note in early June to avoid installing the iOS 5 SDK and xCode 4.3. Its now almost October. iOS 5 reported to be nearing Gold Master and its announcement is on the horizon.

I've seen several people state that they are running the beta on their phones and I'm getting ready to move from iOS 4 to 5 beta 7 within the next few minutes.

Where do we stand on the SDK/Xcode side of the house?

I want to still build my Corona SDK apps, but I don't want to get caught flat footed either