Project is about delay (need 4-7 weeks more), but still working on. Current state of sources was just published. You can get them via SVN. Lots of things were not tested, so using any of files is on your own risk.
Yes, it will happen! Soon I will publish a new CAM application. Finally I decided to write code in VB.NET. Since Visual Studio Express is for free, and mono works pretty well this was good decision to choose .NET platform. There are still some important things to do, but nonetheless, for 2,5D milling it should be ready at the beginning of January.