I’ve already criticized the WordPress.org Theme Review process when it first launched. Things seemed to be improving, but either the team is poorly organized, severely under-powered, or both.
If you are savvy enough, download 3.0.2 from the project page. There’s a security issue in the current theme that makes updating a priority. You’ll need to install and activate the Options Framework to change any theme settings.
NOTE: you will lose your previous settings when upgrading. Annoying, I know, but the old settings framework was rickety and awful.