Current use of Layout Builder with upcoming 8.7 release question

I am in the process of setting a website up in Drupal and I am using the Layout Builder. I was about to move ahead with it for the production site but my main concern is the fact that the I get the warning

“EXPERIMENTAL MODULES ENABLED Experimental modules found: Layout Builder. Experimental modules are provided for testing purposes only. Use at your own risk.”

From what I have found online it seems like This module will be released with the next Drupal version 8.7 and that should be any day now. Is the current version of Layout Builder going to be converted or will everything have to be scrapped?

Is there a more definite date for the 8.7 release?