Many people, at the italian Amiga fair (PA 2003) saw OS4 preview. Most of them were disappointed, but the general feel was: "Ok, when it's ready I'll try it on my Amiga classic. If I like it, I will buy AmigaONE".
SO: WHY HAS NOT MORPHOS FOR AMIGA CLASSIC BEEN RELEASED YET?".
It would attract to Pegasos most amiga classic users (who still think that Pegasos is not a "realAmiga"). If they try it they won't go back to another OS anymore! Just like I'm doing.
(I'm still using beta 0.4)
Bill and Raquel, please....

I guess the reason is about same, as with AOS4... They don't want people to be disappointed...

Remember, that people will compare it to what they're hoping AOS4 will be like... (Untill it's released, of course)

1.4 was released already quite some time ago, lot of development must have happened since then... So, maybe next release for classics aswell?