Ah, it seems DJ_Steve got the help he needed last week. What you're looking at above is a screenshot of his Dell Streak 7 running Honeycomb 3.1 on the latest kernel, and what you'll see below is a video of the sweet tablet-optimized OS in action on graffixnyc's device.
The build is still in its early stages and hounding Steve for a release date will only slow down development; rest assured that it will be released for everyone when it's ready. As the Streak brand's primary (and in some cases only) developer, DJ_Steve certainly has more than enough ROMs to work on in his spare time.
He also hasn't abandoned the original Streak—a new beta of StreakDroid 1.9.1 was just put up a few days ago—so don't panic or mope when progress is made for the Streak 7. The newest member of the family needs some love too.