The delays and lack of information were just as bad with the Incredible, and remember it (the Incredible) was on store shelves long before the Droid X. And the EVO Froyo roll-out was rushed and full of bugs. I'm still recovering from the gigantic issues sticky from that roll-out. If the X isn't being pushed out, then they are likely still working to make it better, which is in everyone's best interest.
If they aren't planning to push it out before Wednesday then they should just say so. There is no point in pretending they are still on track for a "late summer" release when they aren't. The delay is understandable if they are working on issues, the lack of communication isn't really understandable or excusable. And the blatant implication by Moto that they are on schedule if they aren't is really not understandable.