According to Jeb in one of his recent tweets, there's a possibility of a minecraft 1.2 update in the coming week. Bukkit, creators of the craftbukkit plugin system, are removing old and deprecated code from craftbukkit, which means that older plugins will break unless their authors comply with the latest craftbukkit standards.
When the update happens, don't be surprised if it takes us longer to update to 1.2 than it did for 1.1. This is because the plugins that we do use that are too large to integrate into IDP require updating as well (like WorldEdit, for example, but that's already up to date, so far).
Please bear with us as these updates are being made, and we will try to be up to date as quick as we can!
The Innectis Development Team