The short answers are below...
> Is Perl 6 out yet?
Mu ;-)
I mean No & Yes.
> where the development is standing right now,
Monthly releases of various implementations and a back-port of some of the interesting features to Perl 5.
> what's new in the language
Too many things!
>when should we expect a stable release (if ever).
Well by Christmas! Naturally :D
> how backward compatible v6 is
It is not.
> Is there a CPAN for the new language? Are there missing libs?
There is but it is about three orders of magnitude smaller than CPAN :-)
It lives temporarily at
http://modules.perl6.org/
( incidentally github says I wrote the initial version of the script that generates the modules listing and html template about 3 years ago :-)
The long answers are worthy of a full fledged talk or at least a side discussion :-)