The reason it won't be until 2005 is because he is going to turn his novella "New Spring" into a full novel first... Sorry for the double post..
2003-10-23
Orbit interviewed Jordan concerning New Spring and the other two novellas he is planning on writing. Here are a few exerpts:
"The major focus of the prequel is on Moiraine Damodred and Lan Mandragoran. The main thrusts of the story are how and why Moiraine became part of the search for the Dragon Reborn and not only how but why Lan became her Warder, giving up his one-man war in the Blight."
"Basically, one of the two will tell how and why Tam al'Thor resigned his position as Second Captain of the Companions, the elite Illianer military unit, and returned to the Two Rivers to buy a farm. The second will reveal how and why Moiraine ended up in Emonds Field at just the right time in THE EYE OF THE WORLD."
---- September news
Dragonmount is reporting that New Spring has been sent to the publisher. Here is what Jordan said,
"NEW SPRING: the Novel is finished and off to the publisher. It turned out a little longer than I anticipated. I believe I told you I was aiming at something around eighty-thousand words. My final word count was one hundred twenty thousand. So, enjoy."
Wotmania estimated that the book would be around 250 pages, we can only hope that it will give us enough to get through the next dry spell. By the way, it should take about six weeks to get it published. Pre-order your copy and support Theoryland.
U.K. - Pre-order New Spring: the Novel
U.S. - Pre-order New Spring: the Novel
How Does Spring 2005 Sound To You?
2003-08-27
Thanks to Orbit and their Orbit EZine, we have the following quote,
"Well, according to the eggheads at Orbit, the novel - as yet untitled - is scheduled for publication in early Spring of 2005."
Spring?...So, just think, only another six more years before the series ends.
called an 'edit' button (don't know why). But it seems that if you click on it, you can actually CHANGE what you've written! 
