A new release, 0.9, is now available. This has changes in the area of Joda-Time that is the main focus of the Joda project.
Much work has been done on the internals of the time handling code, and this has resulted in a more complete and powerful system.
However, for this release we have removed the TimePeriod code, subject to a full review.
See http://joda.sourceforge.net/dates.html for more detail!