Considering that developer builds of OSX/x86 is already available if you pay enough and sign enough NDAs (or get it off a warez site), I don't think it's all that unlikely that it'll be out roughly when they've said it will be. Which is summer next year.
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10.3 was Panther, 10.2 was Jaguar. I don't remember what 10.5 is supposed to be, but some other kind of big cat.
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