Same here. In a few days I'm going to go in and lay down the TNT for explodey goodness, but until the update, I'm not playing Minecraft, really.
By the way, I don't know what sorts of mods we still have on the server, but we're going to want to check them for compatibility with the update. The mod that "fixes" buckets, for instance, might be rendered unneeded if the update fixes them. Gotta check everything out.