The long waited Debian Sarge release has about to an end. According to this email, Sarge will have it scheduled as below.

3rd May (Today): Freeze time and security support now available for testing
5-8th May: BSP to bring bug count down from ~85 to ~60/70
15th May: Debian installer finalised
27th May: Zarro RC boogs
30th May: Release

Debian Woody previous stable release was on 19th of July, 2002. It is now considered too late to release Debian Sarge into a new stable release. Some people have gone into a newer GNU/Linux distribution like Ubuntu. At least they are doing something rather than postponing the release until God-knows-when.