Well, Sorry for that, same thing happened to a friend of mine and he stopped inquiring about that after 3 months...
And I agree eBay is not at all responding to most of the queries...
eBay team, Please respond quickly & update the status (otherwise this "redeeming gifts" thing at the end of every month is going to end up as deceptive marketing tactics)...
But, eBay is responding and sending gifts sometimes. When I redeemed a gift in November '11, I got the gift in 50 days (bit lucky for me)...
So, I am hoping that i will receive this one also and posted this status query...
Hoping eBay team to respond...