Edit: There is currently no craftbukkit out for 1.3.1, so unfortunately I am at the mercy of the craftbukkit developers and they have not provided an exact release date for it yet. If you want to play now, I suggest getting the 1.2.5 minecraft.jar and using that.
Then just download a copy of the 1.2.5 Minecraft.jar and replace it over the current (1.3) one that will be in your .minecraft folder. But apparently the developers are making "great progress" with 1.3 so hopefully it'll be up and running in no time.
Just another update. They seem to have done a lot of testing and maybe (I speculate) they can get a stable build up tomorrow. I am also confirming that unfortunately the server wont be using any of the dev 1.3 builds that are out because they are too buggy and unstable. Edit: A more detailed overview here that explains how to get back to minecraft 1.2.5: http://www.wiizelda.net/wii-zelda/zeldacraft-update/
oh well if it will be up tommorow then im good but thanks for all the help zackinblack and mark may we meet on the server sometime
https://github.com/Bukkit/CraftBukkit/commit/8f199f7f3e1438c779d47aba7982d019612c0d88 does this help?