^^ This, depends on your POV....
Is "industrial strength" modded 1.7 just around the corner?
Is "industrial strength" modded 1.7 a long way off?
Given the flux around both forge and MC releases, which is also affecting every other mod's release cycle and bug fixes, I actually take the second view. Frankly, 1.8 is likely to see most of the modded action.
So, why grow beards waiting for 1.7 to stabilise? Why not make the most of the
existing mature release?
(*) Views expressed herein are entirely personal.