Just got my APEC card on 2/24 after applying on 2/13 and getting the signature at EWR on 2/14. The CBP agent who processed me said I would get the card in a few months, but I knew it would come sooner. Questions asked at the interview/signing was simply how many times per year I travel to Asia.
One of the earlier sources of confusion has been on the use of this card as a replacement for a visa to participating countries. I took a picture of the bottom of the document that accompanied the card. The last bullet point definitively states that US ABTC holders still require a visa and that the US does not participate in the APEC pre-clearance visa free travel scheme.