Funimation have announced the license for
Fairy Tail at
Sakura-Con 2011. Release due late 2011. See
ANN for more details. At this point in time we are assuming that the entire TV series and OVAs are licensed.
Feel free to discuss the topic of the licensing as well as dubbing of
Fairy Tail in this thread.
And as usual, any discussion about where to acquire the Fairy Tail anime are not allowed.