Josh had this to say on his blog:
No April Fool’s joke here. TEO 3.0 Beta 1 is finally available. This is a very limited time beta. Another build will be released in the next two weeks that has an extended time limit. Please please please read the release notes in their entirety before downloading.
Also, I am not going to be replying to any TEO 3.0-specific email for the weekend because I promised Heather that once this milestone was hit, I would take a little downtime. So any questions you have must go to the forum. Anyone who knows me knows I’m going to check in from time to time anyway.
Note: TEO 3.0 Beta 1 is not currently supported in Office 2007.