Now Hear This: Lookout 1.0 has been released!
Woo hoo! Lookout has reached 1.0 (preview release) status. I learned this when Lookout asked me if I wanted to upgrade this evening. The upgrade (and required rebuild of the index) went quickly and smoothly.
Pricing for Lookout has been announced as $29.95. A final "official" release date has not yet been announced but should be forthcoming. I imagine there's a bit of celebrating going on right now at Lookout Software's world headquarters right now.
Congratulations to Mike Belshe and the rest of the team!