Well, we can not give out any dates since we don\'t really know. Since it is all done in spare time you never know how much or how little time people may have to work on PlaneShift.
That being said we have the basics for a lot of neat things like picking up items and wielding weapons ( at least graphically ) and NPCs and combat. What takes the time is working with these things to a) make sure that they are stable and b) make sure that we are doing the basics correctly so we can easily add on to it later on.
Another thing is that we are working on an updater application so people do not have to download the entire (huge)package each time just the files that have changed. We are testing this at the moment.
Once these ideas come together we can release another version. As to when, I cannot say, but please stick around. We are working very hard and making many changes each day that improve PlaneShift.