Yes, Harry, I suspect that is still a hand job. Mine isn't up yet either, but I have determined to wait. Mods should be last anyway, after the others are served. 

The subscriber badges are coming. The problem is that the forum recognises just a single "membergroup" for each member. Meaning that it can only display one badge per person. For example, if you are a Veteran Member as well as a Silver Subscriber, the forum can only display one badge, in this case "GMG Veteran". It will require a bit of tinkering (as I did before) to make the forum display more than one badge for a single member.
You may also notice, there are no ads on the forum. At the moment, there is no "Ad Management" software in the forum, so I can't display ads, unless I hard code them, and then they are visible to all, even subscribers.
I am sure an appropriate Ad management software plugin will come for this version of SMF, but until then, all members get the benefit of ad-free forum, (and I lose a bit of revenue).
cheers
Rob