The third draft is 50% done! Act 2 is edited, checked, spellchecked, and sent off to Sharon. Anyone else who's willing to beta read in installments, don't be shy! Speak up and I'll send it off to you.
I have a whole whiny post in me about how long this whole process is taking and how I'm definitely going to die before I can write all the books I have in my head now... but it can wait for another day. Today, I'll just be happy I finished Act 2.