Google's December 7th Annotations announcement certainly excited a lot of Google Analytics users. And so now you have checked you Google Analytics website profile only to not find the much anticipated "Create Annotation" link.

Well not to worry! As with most feature rollouts from Google, the Annotations enhancement is being slowly added to Google Analytics user profiles. According to Google, your wait should be over by mid January, 2010.

From the December 7th announcement:

Annotations is rolling out a bit slower than planned due to the holidays. New features within Google Analytics are launched on a phased roll out due to the volume of accounts, and the demands of testing as we activate the new feature. Usually this process takes from a few days to a few weeks, depending on the feature. Annotations is being activated to an additional 10% of accounts each week and will be pushed live to all accounts by mid January.

A brief video about Google Analytics Annotations