Has anyone got a Volcana from BBTS? Is it even worth preordering?

Well, I did receive mine about 9 months to a year ago, I think. I was one of the first to order one from BBTS -- I remember there was a big hue and cry about BBTS "jacking up the price" to accomodate Mattel's bizarre case packouts, but I ordered anyway. It seems fair to me that they have to raise the price on the stuff that people want to offset the endless Trinity sets. It was $20 or so, and worth every penny, considering almost no one else seems to have one.

Since then, I have yet to receive any JLU from BBTS. I've had Barda, Obsidian, Sand, Deadshot, etc. on preorder since about the same time as I received Volcana, and they've never arrived or shipped. I'm not faulting BBTS -- I can only assume that for whatever reason, they never received the cases they ordered from Mattel. Since I feared cancellation of the line (and frankly, still do fear it), I got sets off eBay some time back, but I'd still like duplicates, if they ever arrive. I'm not holding my breath, though.

Your assumption is correct. Mattel isn't fulfilling their orders.