Update from Jonah (GAW_GM):
Naturally, the development and testing time being used to work through the PayCoin code and network will require additional QA and testing to be done on PayBases development and testing cycle to make sure QA is up to our standards, meaning PayBase will be launched after Monday.
Too bad their QA didn't figure that outsiders could still POW while they tried to wind it down... <sigh> Welp, that means another delay before those "$20" coins are available to the masses.
Note they didn't say when it would be launched, just "after Monday".