Yeeey.... the time has come again and this time, it's not 11.1, but instead it will be called 12 RC1. Yes, Patrick Volkerding has released a HUGE bunch of updates which will reflect the next Slackware release. It's a collection of updated packages along with some tune up and bug fixing all around the packages. I don't know why Pat decided to skip 11.1 and 11.2 (probably due to the big changes introduced in Slackware-Current or because he wanted a new start).
A lot of packages has been included in this version, including cryptsetup, knemo, kvpnc, lzo, mcabber, mtr, openvpn, intel-wlan-ipw3945, and also Pidgin (revive from unsupported). I think that Slackware 12 will be a major steps towards being used desktop distro, since everything is ready and prepared for that. Take a look at inclusion of HAL and DBUS and also HAL-enabled KDE version. This brings auto mounting feature to Slackware, something i didn't thought to become available in Slackware ever (but now it becomes reality).
I'm downloading the packages right now and i will upgrade as soon as i have finished downloading all of the packages. Yipeee... Slackware rocks..