Just got back from a long weekend break at my apartment in TDLT - with regards to the revised Phase 2 I can tell you that progress is being made at an amazing rate, you can see things taking shape every day. I can't comment about the islands, Dec 08 they were definately on as I was shown revised plans at PW HQ. In situations like this I think your solicitor should be finding out, you will never get a true completion date from PW, but legally they have to tell you if they are being built at all. If your solicitor is not helping, change to another one and to keep your sanity book a visit to the resort it really does help to see for yourself, some people are renting out on Phase 1.
Perhaps use Customer Services to get you to speak to the resort president (Dona Maria Jose).
I have some photos and will post on fotothis(dot)com
KR
Tim