I'm sort of in the same boat. I'm 4 months post basically today. Under one nip there is scar tissue, but working it daily seems to be reducing it.
When I first took off the tensor after a week my mind was blown by how flat I was. I then went thru swelling and it looked the same as before minus the puffy nips (I did have that "overhang" goin on).
Swelling has reduced quite a bit since then, I can wear anything and I would be happy if this was my final result. However, if it does improve asthetically, then that'll be just peachy.
The nipples are a bit sensitive and seem "hollow" behind them if that makes sense. I think that's the skin still working to adhere and reshape as the swelling has gone down. It took 3 months for swelling to reduce, and who knows, there could still be some there.
I can foresee more improvement happening, as I've also been working my chest at the gym since the 1 month mark, so I'm sure the added trauma of weightlifting has possibly slowed down the final result from showing this soon.
I've got pics of my 4 month mark which I will post soon on the photobucket page with my other pics which are in the userphotos section.
And as for the topic of Fielding flubbing, the guy is a pro and we have been with boobs so long, that we are all definitely over-eager in seeing our bodies transform once and for all.
I'll wait til 6 months, and then another six before I begin to panic.
ceo