Please look up what a software beta is, as well as why exactly they're staggering factional releases, which has been fully explained numerous times.
"generally begins when the software is feature complete"
"a feature freeze on the product"
meaning that if 2 of the faction are not complete the game is in alpha,
the term "perpetual Beta" cannot really be applied to Sins Rebellion as it is available for "pre order", if it was a "perpetual beta" product then there would be no need to a) describe it as a pre order and
it would be publicly avail from the preferred distribution method i.e Steam.
As for the staggering of the factions, it makes no sense however you look at it, balancing a faction based on how well human player perform vs the AI will result in the TEC being unbalanced due to how superior the human is compared to the AI. Even if they release all the factions together to make make playable the full roster of teams the TEC will need rebalancing to compensate for the differences in the Advent and Vasari being played by humans and not the AI.
If they release another faction as the single playable faction in the next release then, as Timmaigh pointed out it will break all balance done to the TEC in the first release when changes are made to the TEC.
The only way to properly balance a game, especially an RTS game, is to make all balance changes on a player vs player basis using all teams not one or two.
Also there may be other complications when humans controlling the advent or vasari are introduced.
So this leads to two possible outcomes
A) the game is no where near finished and this is all they got to release
staying on the current balancing strategy the game will be woefully unbalanced upon final release
All this is doing is artificially lengthening the time until final release. Basically Rebellion is to Sins what Forged Alliance was to Sup Com, but that came out 8 months after Sup Com not 4 years and counting.
Not that im not looking forward to it and ill still buy it, Sins is a great game and me and my friends have had some good games over lan at various peoples houses, but i fear Rebellion has the smell of Duke Nukem Forever about it in that it will never be as good as its development time leads us to believe. But we can still hope.