The last I saw was about a year ago when I popped by, the fuselage had traveled back down from Hawker Restorations to be fitted out in the Retrotec workshops, the wings as far as I know were still at Hawkers.
Bearing in mind that I worked there in 2003 and very little had happened when I saw it at the begining of 2007, might give you a fair idea. I think the plans are to get through as many of the projects that they have on site first!
FB