Quote from LokiDarkfire
havent heard anything of the skylands either
There wasn't a promised "Skylands," it was work in progress version of the now called "End" or Ender realm.
Just to say on my point of view, Minecraft is perfect in the way it is. It was never meant to have amazingly creative things pre-put into the game, that is for the modders and the community to do with the resources that they have been given.
This game is almost as moddable as Bethesda games like Fallout 3, Oblivion, and now Skyrim (Almost because Minecraft at the moment does not have a tool that allows easy modding of the game.) And because of that, it is not going to be a "Failcraft," but a community effort and one of the best open ended sandbox games out there.