The plan is to release 1.0 around the end of the year. In that sense, Rust isn't done, but it is near done.
"It’s important to be clear about what we mean by stable. We don’t mean that Rust will stop evolving. We will release new versions of Rust on a regular, frequent basis, and we hope that people will upgrade just as regularly. But for that to happen, those upgrades need to be painless." [0]