Arc is not a mature language, nobody is asking you to use it, and it cannot be behind schedule because there is no stated plan or schedule for its inevitable World Domination. It is -- and I say this as one who has the utmost respect for great and serious toys -- still a toy. It is young, and it is enjoying its youth. So, when you play with it, try to at least act like you're having fun!
If and when the language takes off, there will be plenty of opportunity for "polishing", feature freezes, official releases, bug databases, security teams, FAQs, books, patents, trademarks, O'Reilly Arc conferences, Enterprise Arc conferences, legacy users, FUD, poorly constructed benchmarks, schisms, forks, flames, backstabbing, bitter debates about backwards compatibility... and so on, and so forth. At which point you will be pining for the glorious days when Arc was young and fun and had yet to grow up into a Serious Language with real-world consequences.