CRobinso,
Howdy and welcome. Well the Multiverse Networks company has closed its doors and released the platform as open source under the MIT License. A small group of people Tristan, Jono (delurin), and myself have formed the Multiverse Software Foundation to shepherd the open source system and community going forward.
In regards to the platform, unfortunately, there were no updates since 2008 by the Multiverse Networks company. However, now that the system is open source we have many plans for its future and are currently working on the code.
There is a lot to be excited about!
Thanks,
Shane C Fischer
Director of Foundation Development
Multiverse Software Foundation