Velious?

[Werlop]

Kunark was about 7 months from the devs posting they were 'more than halfway done' to full release. I do not expect to see Velious before winter 2012 at the soonest.
With epics out, the only major Kunark content left are revamps. So far, new content has been released about 2 months apart (Hole, VP, epics) so I would expect the revamps around March and word on Velious progress a month or two later.