Their website says the ESV Study Bible is coming out in 2008 or 2009 but IIRC the original projection when the ESV was released was 2005 and the date has been pushed back several times. Wayne Grudem is the general editor and Justin Taylor is the managing editor. This is not the same as the ESV Literary Study Bible that is coming out soon.

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Chris
Member, Grace Community Baptist Church Mandeville, LA

“All authority has been given to Me in heaven and on earth. Go therefore and make disciples of all the nations, baptizing them in the name of the Father and of the Son and of the Holy Spirit.” Matt. 28:18-19

"Then those who gladly received his word were baptized...And they continued steadfastly in the apostles’ doctrine and fellowship, in the breaking of bread, and in prayers." Acts 2:41-42