Yes, good catch! I don't know what 'RUNNING' signifies.
BUT: I got it working yesterday night.
First, it might have been a firewall issue (on the MacBook side).
Second, after deactivating the Mac firewall, I tested various Channels (Frequencies, right?) and (Transmit Rates).
I have an Atheros Chipset (AR2413), and it seems the new in-kernel driver ath5k doesn't have support for all features and all rates, yet.
I got good results with 24M, which is almost half of what this card should be able to do, but hey.
Some notes on Ad-Hoc:
man iwconfig says about the display of Signal level, Noise level: "In Ad-Hoc mode, this may be undefined and you should use iwspy."
Well, my Card doesn't support iwspy, or the driver doesn't, but maybe it will work for you.
Good luck
Cheers
c31c