Based on my rough translation:
- It appears that the GRB had asked Blizzard Korea for private testing of Diablo 3.
- The GRB confirmed with this news site that certain results from December 2nd were completed, and now they're moving onto the deliberation stage. This confirms Blizzard's post when they had said they "were in deliberations." So that post from a couple days ago were indeed because some progress had been made.
- The GRB officer said that generally it takes two weeks for deliberation, but due to the subject matter in Diablo 3, there's "greater resistance" in reviewing this game so it could take a little bit more.
- I think it says the results of the deliberations are expected to be released in January.
- They did confirm, though, that Diablo 3 was/is being held up due to this private testing by the GRB and that Blizzard Korea applied for consideration using the Global version (which includes cash auctions.)
(I posted a theory about news release schedules, and how Blizzard uses them to keep players busy with information until the final release. They'll drag out news posts if they need to extend the release date of games for example, which is why they increased the "Day In A Life" posts from 3 to 5 people, and dragged out all of the D3 information. It also explains why there was a sudden explosion of D3 info releases and game related updates within the past week.)
Blizzard is fully expecting it to be approved (probably by January), and it appears that the Korea launch was (and is) indeed holding back the Global release. As long as there are no problems, I'm expecting that Diablo 3 will be a simultaneous global launch.
The only question now, though, is if Blizzard is going to wait for the results of the deliberation before making the release date announcement. They did, after all, say that they were fully expecting it to be approved with no issue. :)