I came back after a day to find about 30 pages of shit posting and spamming about piracy. So I guess to answer the question of 'what's going on?' it's: a lot of speculation, people are impatient, piracy exists and will happen whether you want it to or not, and once any of these new exploits happen it will be on the OP and probably have about 6 other new topics made that are all hype or redundant.
I'm super excited for SNS since I have a N3DS on 10.1, but I can understand that others may be on o3DS or above 10.1, so they may not care as much, but flaming a potential exploit because you won't have access to it is just ridiculous.
I look forward to the progress in the upcoming days, or weeks, or however long it takes.