Module is working but still remains in development. Most of the features are going into the 5.x-1.x version and will be merged with 6.x-1.x branch soon after.
Initial port to Drupal 6 API. Views is now required to run project*. This code is mostly working, but there's no guarantee that the upgrade path is stabilized. There are still a number of known bugs. Production sites should not upgrade until there's an official release.