(with apologizes to Reg for stealing his subject line)
According to the Sandman: The Dream Hunters forum on Inkwell.vue on the Well, the first draft of American Gods is done. You may need to page down to the entry (it’s 27 Sept.)
By the way, that forum is still active; if you’re not a Well member, you need to email email@example.com to submit questions.
I imagine it’s safe now to ignore the November 2000 UK release date given by Locus Online and Amazon.co.uk.