Mageia 2 is in the final steps of development as it enters the public beta testing period – 8 months after the very successful release of the original Mageia. Including the latest versions of the Linux Kernel and several popular Desktop Environments such as KDE 4.8 and GNOME 3.3, Mageia continues to be on the bleeding edge of available technology.
The team is planning a 3 week period until the second Beta, using the time to finalise and freeze features, code, and artwork before the next stage of testing. At the moment, upcoming versions of the Linux Kernel and GNOME are being considered for inclusion with the final release.
The ISO for the beta is available from the Mageia website, and the stable release is planned for 3rd May 2012.

source : http://www.linuxuser.co.uk