Seriously oversold.
I have been through the 2.9 to 2.10 switch. Anyone's who's used Play over the past year has also (maybe unknowingly) been through that switch since the Play plugin was using SBT 0.12.x (and Scala 2.9.x) even if your code was compiled under Scala 2.10.x.
It was practically painless.
The worst that happens in reality is you have to wait a couple extra months for someone to release a new build of something you depend on (or heaven forbid, clone the source and build it yourself).
Contrast that with waiting years between stable releases and new features with some other popular languages.
I'll take Scala any day. It remind me a lot of the early c# days. And that's a good thing when it comes to really building up a language and what you can do with it.