Microsoft's Brandon LeBlanc published an update on Windows 7 RTM
We are close, but have not yet signed off on Windows 7. When we RTM you will most certainly hear it here. As we’ve said all along, we will RTM Windows 7 when it’s ready. As previously stated, we expect Windows 7 to RTM in the 2nd half of July.Update on Windows 7 RTM
Windows 7 will be available in many languages from around the world. For us to consider RTM “done”, it requires that all languages be completely finished. So there is a lot of work that needs to take place for us to finalize all languages of Windows 7. We also need to get to a point of “global readiness” with our partners. Our partners being ready for Windows 7 is extremely important to RTM. As Steven Sinofsky mentions in this blog post in May, RTM isn’t a single point in time. It’s the beginning of the next “process” for Windows 7. At RTM our partners begin their final preparations for Windows 7, including testing and building images for new PCs. RTM is essentially the final “stage” of engineering for Windows 7 before it hits the market at General Availability (GA). As Steven notes, engineering continues on Windows 7 from RTM until GA on October 22nd.