Now that we've got c7 mostly finalized we're starting to look at the upgrade tool. There are several moving pieces for the upgrade tool that will need some patching to work properly.
For anyone who's interesting in taking a dive into the code and helping out, we have some first-run binaries located at http://dev.centos.org/centos/6/upg/ with the source living on git.centos.org
These binaries will most likely not work, but they should provide a decent starting point for testing and debugging.
We do not consider the upgrade tool to be a blocker for c7, so if someone would like to take a swing at the patches required to make this work while we put the finishing touches on getting c7 out the door, it would be greatly appreciated.