Currently, I just finished chapter 13 of my newest exploit. Going well, I have to say the main bad-guy is a total, arrogant, asshole. And for that, I love him. A good bad guy is essential. I hope to make him skin-crawlingly realistic. We'll see.
Until the book is done, it's "Alpha state," and once it's done--but before the grammar and syntax go-through--it's in early Beta. After three or four file folks see it, it'll be in solid Beta, and there it will languish until published. Only then, does it go "Gold."
Gold is the goal, people. Gold is the goal.