Well it's been the 10th of august not out yet so well that sucks I was really looking forward to it lets hope it doesn't get pushed back even more and I can't even find an offical release date but offical xbox 360 magazine says 17th august :P
360 version has been out in the U.S. for a week or so now and feedback hasn't been good, some hate it due to the rushed feel of the final product (it's full of bugs, lots of glitchy gameplay videos for the 360 version are now on YouTube) and others love it for the gameplay.
I read a few days ago on various forums that it was being delayed again, what's more worrying is that I think from reading around that they're delaying it to apply another patch to address the issues in the U.S. release, which could delay it even more if they submit it to Microsoft Certification and fail certification.
I cancelled my pre-order and got Blue Dragon instead (which is a very, very neat turn-based RPG, highly recommended) but will still pick up Two Worlds when it eventually arrives. My guess is mid/end September, I think the September 7th release date currently being displayed might be a little optimistic.