Although I think the target is only 2x of 2.4Ghz Wi-Fi N right now, which seems a little disappointing to me. I was expecting something along of 1KM range (I don't think Wi-Fi N actually reaches 500m in the real world).
It may be because the Wi-Fi Alliance is trying to make this an "IoT"-enabling technology as well, rather than allow us to connect to each other's smartphones and notebooks at good speeds and longer ranges.
Anandtech says there's quite a big push for 802.11ah from Wi-Fi silicon vendors.
http://www.anandtech.com/show/9915/wifi-halow-longrange-lowp...
http://www.anandtech.com/show/8253/thread-group-moots-new-ip...
The problem with waiting is: at what point do you stop waiting? Particularly when the vast majority of the time these release dates are pure speculation. If Google releases theirs next month, then word leaks that Amazon has one releasing shortly, should they then wait for that, too? And on and on ad infinitum? I'm sure that at any given moment in time there is _some_ company that is working on a competing product. I'd argue they are absolutely doing the right thing by reviewing what is available regardless of what is on the horizon, otherwise they'd be giving preference to whoever they are waiting on (Google in this case).