I know you guys are working on it - just explicitly voicing my request for the cataloging feature. Perhaps others who also would like to see the catalog feature ASAP can chime in here to let the Camera Bits guys know how much interest there is in this.
I've demo'd PM and love it, but as I currently have Aperture (but use NX2 for NEF editing) which is sufficing for my current cataloging needs, I can't justify purchasing PM in it's current state. As soon as the cataloging solution is available I plan to adopt the PM catalog solution, dropping Aperture, and going PM+NX2 only, which I expect (hope!) will simplify things for me.
Out of curiosity (I'm not sure if this has been discussed) - will the catalog feature be a separate application from the PM front-end (the product in it's current form), or will this be just one big PM application which does everything?