Yes, this series will finally be completely released in english!
No more hard-to-get low-print-run edition of the second volume, no more unreleased third volume, they're going to release all three in an omnibus, with a currently scheduled date for June 2011.
I payed 80 bucks for my copy of the second volume, and a few months later they announce this! Ah well, I'm still glad Seven Seas finally decided to finish the series, I thought they'd forgotten all about it.
Hitomi: Nagisa, remember how Miator was able to utilize helicopters?
Nagisa: Yeah, but I'm not sure where you're going with this.
Hitomi: What I mean is that we too have access to this technology.
Nagisa: B-but I'm afraid of heights!
Tamao: *puts on shades* Time to move out and kick some ass.
5 school girls.
1 action-packed yuri summer adventure coming soon to IMAX 3D.
Chiyo: *slowly walks away from an explosion in the background*
Picked up a copy a few weeks ago. Finally started reading it a few days ago, already on the second book. Fantastic stuff for Strawberry Panic fans. Also have the manga to read afterwords (but its a shame the manga was never fully completed).
EDIT: Just finished last night. To anyone out there who watched the anime and enjoyed it, try out the books, they are excellent (if not a little different).