It would be nice to have a stable release to provide site builders more certainty that the module will get an SA for any security issues. Please feel free to update this issue summary to include links to issues to fix prior to that release.
As of this post, there are 2 critical bugs in the queue:
...And there are 8 major bugs:
You can use the tag D7 stable release blocker to help others identify issues that are blocking a stable release. Currently there are no issues with that tag.