It's the first release. Of course it's not production ready. But fair enough. The web site will tell you when it's ready to use. :)
While LibreSSL does appear to be going in the right direction, especially after the disastrous few months that OpenSSL has had, the community at large does want to be reassured that the LibreSSL project truly does revere security. A more security-conscious release in this case would have helped with that.