Half-Life 2From Computer and Video Games (http://www.computerandvideogames.com):
Speaking under strict conditions of anonymity, an industry insider squealed earlier informing us that "as far as Vivendi is concerned, the game [Half-Life 2] is finished" before saying that the title had been passed to PEGI (Pan European Games Information age rating system) for classification, which in turn passed the sequel to the BBFC for certification.
The industry insider added that a November release is now looking "extremely likely".
I'll probably have one more post when the game officially goes gold, but it seems pretty clear now that Half-Life 2 is completed. Why Vivendi would hold the announcement, I don't know, but the way they've managed public communications about this game in the last year, I seriously doubt that they could find their ass with a flashlight and a search warrant.