No they are not launching their Falcon 9 rocket yet. What they did do is the final test firing. It was successful and now they are preparing to begin the final assembly at Cape Canaveral. This will take from 1-3 months depending on how smooth the process goes.
So sometime from Mid February to late April we will see the Falcon 9 launch. So for my money that means May or June in actuality. (heh).
SpaceX blog: linky
Video of test: http://spacex.com/multimedia/videos.php?id=43
