It's been too long since we last played Minecraft on our server! But the end of waiting is near: Jeb of Mojang just tweeted that next week will be a bug fixing week.
Maybe 1-3 days after the bug fixing they will release the official 1.2 patch. Hopefully the modders can also update their mods right after the release. With luck, we will see Minecraft 1.2 in our server soon!