To me, this is the best part of revision--the part where you can see the finish line, but still have a ways to sprint. Characters require more development, sentences need to be stronger and the plot cries out for more scenes. Polish, polish.
When I get to this stage I feel like one of those prairie dogs in the open field near my subdivision. They pop out of their underground homes, only for nourishment and a peek at the cars passing by. And perhaps with hopes for a dropped peanut.