I do want to point out that it was only last year people used to say that Django was _the_ thing holding everyone going from Python 2 -> Python 3. And now Django has made the move, -- others (Flask, etc.) have not.
You're more likely to see an alpha release of 1.6 in 8 months, the final released versions of Django have a roughly annual release schedule:
* Django 1.4 came out March 23, 2012
* Django 1.3 came out March 23, 2011
* Django 1.2 came out May 17, 2010
* Django 1.1 came out July 29, 2009
* Django 1.0 released September 3, 2008
Update: Didn't read the part of Jacob Kaplan-Moss' response above where he says 1.6 could be coming in "6-9 months" and as in as little as 3 months. To which I'd say "Wow"
Deleted comment
As a Django user, I've always understood Django 1.x to follow the Apple convention with OS X numbering. To the credit of the core team, every minor release has felt like a major improvement to me.
http://www.tornadoweb.org/documentation/releases/v2.0.0.html