this was mentioned just a few days ago, and some guys said that setting a future date won't put you on the new release list for the date you pick, instead the app will appear on the new release list of the date it was approved.. this behavior started to happen again after the "feature" of having updated apps as new releases came back, because future dates worked before..
so, I would not take the risk, and pull the app from the waiting queue (reject), until close to the date desired.. unless you/your client does not care about not being on the new release list.
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