We're aware of the issues surrounding the latest launcher update, where you may be stuck at "Initializing, please wait...".We're working to resolve the issue. We apologize for any inconvenience this may have caused.
That was posted on July 30th.
I know you are aware of this and working to resolve it. But can those of us who are having this problem get an actual solution?
Windows 7 x64
System meets all recommended requirements