You are probably right but what I like about Bush is his poker playing ways
From the Weekly Standard article:
"The project seems overwhelmed at the moment, with a mere 50,000 documents translated completely out of a total of 2 million."
Also it looks like there was disagreement about releasing the documents:
"The main worry, says DiRita, is that the mainstream press might cherry-pick documents and mischaracterize their meaning. "There is always the concern that people would be chasing a lot of information good or bad, and when the Times or the Post splashes a headline about some sensational-sounding document that would seem to 'prove' that sanctions were working, or that Saddam was just a misunderstood patriot, or some other nonsense, we'd spend a lot of time chasing around after it."
"This is a view many officials attributed to Undersecretary of Defense for Intelligence Steve Cambone. (Cambone, through a spokesman, declined to be interviewed.) For months, Cambone has argued internally against expediting the release of the documents.
"Cambone is the problem," says one former Bush administration official who wants the documents released. "He has blocked this every step of the way." In what is perhaps a sign of a changing dynamic within the administration, Cambone is now saying that he, like his boss, favors a broad document release.
Stephen Hayes gave an interview on the Sean Hannity show on the 28th of Dec where he said there are 700 translators working on the documents 24/7.
http://www.floppingaces.net/2005/12/28/the-saddamal-qaeda-connection-documents/