@Shanmuga_Nathan We're not prepared to include it in the next release, but it's in final review with the dev team. Assuming no other significant bugs are found, it should release in the near future.
It sounds like you've been doing some significant work with the component and find it works well. Could you give me some idea of the kinds of projects you've been using the component for? This is incredibly valuable feedback. It's difficult for the team to approve and merge big, complex changes like this because we are small, and it's very difficult to test them completely. This component required quite a bit of redesign because of changes Google made to its API.
Feedback from you and anyone else who is using the component on the test server can speed up our approval process.
As far as your projects, I recommend you keep backups. Export them to your computer using the "Export all Projects" option from the Projects drop-down menu. When we merge the component, you will need to import your projects on the normal server. Also, though I have no immediate plans to take down the test server, it's just a test server with no guarantees. Many things could happen, including things completely out of my control, that could wipe it out.