Although it's worth noting that Apple sometimes has a very weird definition of "Gold Master". The latest Xcode 4 GM, for example, is pretty much just another beta version. It's not production ready at all.
iOS GMs have always been ready to ship, minus a few 3rd-party apps and last minute exploits(JBs). If they are throwing GM designator on anything that isn't usable than I'm severely disappointed.
It's sad that some investors & retirement plans will get hit... On the other hand, when you invest in a company, you're not just getting a share of the profits, but you also get a share of the liability as well.
2.3. The public API supposedly won't change much. There are a lot of internal changes that will make a lot of new things possible on the public side, but they have said they plan to support the existing Rails 2.3 public API in Rails 3.