I too was told they will FINALLY begin reporting true limits at the end of this year (2007).
I am SOOOOOO done with them..which you can read in my post in the scoring section of the forums.
Even worse...maybe the reason they never reported limits to begin with .. they have a horrible reputation for issuing new cards with $3K limit, sending out letter that the $3K will be raised to $3.5K and then WITHOUT ANY WRITTEN NOTICE simply deciding oh wait.."you" (at least 10,000 in one month December 2006) should have never received a $3K limit and adjusting them way down suddenly on the next statement causing over limit fees and worse! Can you imagine you get a new card, buy say a computer for $1K only to get a statement saying you are over limit. SOME people's statements STILL SAID $3K but when they called they were told it was a "glitch" and that they only have say $750 limit and that the statement will reflect that eventually but in the mean time they would NOT waive the over limit fees, etc. THEY CAUSED these people. AND they charge interest to payment date EVEN IF balance is paid in full before due date.
What's in MY wallet? NOT THIS CARD ANYMORE! I had two different cards with them over 13 years and they for no reason raised my FIXED rate from 6.9 to 15.9%! FICOs are all over 800! They probably did not report limits because they had them all so messed up!