The Rebel SIM is just not ready yet. They keep making excuses and keep pushing it back. It simply isn't fully ready yet (probably working out some last minute kinks). Either that, or they're having problems manufacturing.
But the lack of notice for customers why they're waiting over half a month is disturbing and makes me choose the Gevey Pro SIM instead. I don't mind doing the process (how often do you reboot anyway [unless you're doing something in Cydia]). The untethered thing is real attractive, but for the price and the unknown true wait time, may as well dish out 40$ (for one off their site...cheaper on eBay) to have an unlocked phone now.
As for dev team, they've been pretty quiet about this. If I remember correctly, it's cause mainly one person was familiar with the iP4 unlocking process and he hasn't been heard from online for quite some time. Since that expert is now gone, dev team has slowed down tremendously. I love dev team and all, but when you look at it, it's only a select few that release certain things. The few members who are widely known release only one type of thing (i.e. jailbreak or unlock or something). If that one expert in their field of expertise disappears, dev team struggles. With the disappearance of the member who did iP4 unlock, the dev team has slowed down/halted progress on the iP4 unlock for basebands beyond 01.59.
And if I'm mistaken, please correct me! This is only based off what I heard, so yeah. I may be wrong!! This is NOT 100%.