I'm really starting to see some improvement in the knee and leg. It feels stronger and more flexible each day.
Got a swim in yesterday -- 2100 yards total with a timed mile (1750 yards) in 34:31. It's the first time I've swum a mile non-stop, and a real confidence builder for the longer Olympic-distance events. Topped off the day with a 9.3 mile bike. I just got my bike out of the shop after a tuneup and it's running very well. Averaged 18+ mph for the ride -- faster than usual for me, but the course was relatively flat by local standards. Best of all, the knee held up well.
I'll just keep crossing my fingers and hope for continued improvement!
My training log at beginnertriathlete.com