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I would probably release it 1 week after the approving, while I have seen some games greenlit and setting their release date after 12-18 months, that's ridicolous, don't even publish the game if you still have to work that much for the first release, this push down the games that are actually done and ready to play.
This will probably be my last game here on steam, I have almost ready another game to release and they didn't approve yet the previous one even if is in top 20.
Approving 300 games and ignore a game that is ranked around 20# doesn't make any sense, and my time is not unlimited.
If you also take in account that after the refunds, steam revenue, VAT, US taxes, price lowered for many countries (RU players don't even pay half of the actual price), taxes you pay in your own country, you are left with a few nuts, this is not worth anymore.