Recently we've been separating the elements of graduation so that beta sites get features of full-fledged communities as they need them. Our design team has been chipping away the backlog of site designs, but they aren't quite ready to release anything for Computer Science—Stack Exchange yet.
We know that you all have been waiting a long time for graduation and the "temporary" moderators have been serving this site for over 3 years. Under our new graduation criteria this site has been ready for graduation for quite some time, so we are going to begin gathering nominations for moderator on August 3. The timing should be particularly good since veteran users will be returning from their summer breaks (in the Northern Hemisphere of course) but the regular start-of-the-school-year surge of new users won't have discovered the site quite yet.
If you are interested in running for moderator, now is the time to prepare your nomination. If you aren't interested, now is the time to bug your favorite users to prepare their nominations. ;-)