So far the vote is unanimous - everyone is 100% in favor of releasing without control overlay and screen scaling. I think the general consensus is that since those features are coming anyway, and it'll probably take the same amount of time to get them in regardless, a release now would satisfy those of us who don't use those features now, while those that do use them would be waiting the same amount of time anyway.
Will you be able to upload the new version in time for Christmas, or do market updates require Android Market approval like the Apple App store does? If so, I'm betting the update will be delayed a ton since the holidays are coming up and the people responsible for that stuff are going to be on vacation (I know this time of year every year the Apple App Store gets REALLY slow with updates because of similar reasons).
Anyway, I am seriously chomping at the bit for this next update - OGL, plus the much anticipated DMA/Frameskip fixes means this could likely be THE definitive version of FPSE that fulfills the true promise of near perfect portable PSX emulation!