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I suggest to check it out now. The next version probably won't come all that soon. I would not speak against a 2012.04.2, but it's more likely that the next version will be a 2012.05....
The installation overhead (jailbreak, installing launchpad) will likely stay the same. But updating the application is a piece of cake, actually. So you won't lose much when you start now.
It's quite usable as it is and people use it as secondary or even primary reader on a regular base.
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