Shipping in late September will be Paul/Suzanne v2.0 (Public Beta vers).
To date, no final specs have been released as the project is still being coded, although the following pre-release screen shot has been made public:
(photo deleted, because I don't really want to be that sort of parent, but I'll probably end up like that anyway. You know, the sort that gives its child a myspace site and a blog and writes irritating messages that come from a 3 week old baby.)