Consensus in #bitcoin-dev chat is that it is time to do a 0.8.2 release. A few important bugs have been fixed, and the goal will be to get a 0.8.2 final release before the May 15'th hard fork deadline.
Pieter has already started going through the issues list; help with testing, debugging, and fixing high-priority issues is very welcome. I'll also be going through the issues list and marking any issues I think need to be fixed with the '0.8.2' milestone.
If translation work needs to be done, now is a great time to do it.
We still don't have a basic QA checklist for testing of release candidates; I'll commit to spending a little of the remaining "Bitcoin Testing Project" bitcoins to whoever contributes to creating one.
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Gavin Andresen