I have an awkward boner.
The dev tools will be fun. However, it's gonna be even more high level than the current UDK - scripting and WYSIWYG. This speeds up the implementation of standard features BUT might potentionally make some other things harder/impossible.
1.09 will be released before/around CS:GO's release date as there isn't all too much to finish off (contrary to Yuri's opinion) - Saul 6/7/2012
[MOD] Cs1.6, CSS and "New" | AWP Scopes
[MOD] Scoreboard With 1.6 Style
[CONCEPT] Menu and Scoreboard GUI
"Don't worry, we will update graphics and animations. As a particular human being would say" - n69ky
"No, cs 1.6 isn`t dead, but undead. It`s head is off and it still beats GO at popularity." - pRopaaNS