InfoWorld reports that Microsoft will release Windows XP SP3 to Windows Update starting Thursday, July 10. If you don't have SP3 installed and Windows is configured to use the default Automatic (recommended) settings, you'll be upgraded to SP3 on Thursday or shortly afterwards (as usual, Windows Update uses a staggered schedule).
If you absolutely, positively don't want SP3 right now, want to make sure your SP2-loving system is ready to take the plunge, or want to share your SP3 experiences - good, bad, or ugly - you know what to do: we'll see you after the break.