Hi, Development is still ongoing. We've had a few issues along the way with illness (get well soon Phill) which is going to delay the release by a few more days. I will keep you all informed on progress.
@Freddy: I've been following the LXLabs/HyperVM situation and can't honestly see the issues being sorted out very quickly. The 'consortium' sounds like it's going to be a lot of fun for those involved. As far as we are concerned, it has no effect on our product. LXLabs has lost a lot of credibility and i can't see many people wanting to build the foundation of their business on software that is known to have security issues. You will not see a bug fixed secure version of HyperVM for quite some time - not many VPS providers are able to continue running their business under those conditions and who in their right mind would?