Derek Elley is reporting that

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Derek Elley is reporting that Steven Soderbergh's The Good German (Warner Bros.), his black-and-white, presumably Third Man-ish, post-World War II Berlin drama with George Clooney and Cate Blanchett, may not be ready to be shown at the Cannes Film Festival. That's a shame from my perspective. I was really looking forward to seeing it there. Probable translation: either Soderbergh (who has a co-editing credit on the IMDB under the name of "Mary Ann Bernard") and his editor David Kirchner aren't entirely happy with the current edit, or Warner Bros. distrib execs aren't entirely blown away by it, and there are the usual concerns about possibly tainting German's rep by showing a version that's not quite "there." So the conservatives are saying why not play it safe and give the editing a little more time and show the film at September's Toronto Film Festival instead? (If German turns up in Cannes after all, great...and I will humbly apologize for running this imagined scenario.)