According to Newsletter #61 (February 2008)
"FPSC V2 Update - major features from X10 after DirectX9 migration work, mid-2008 (perhaps sooner)"
http://thegamecreators.com/data/newsletter/newsletter_issue_61.html
Rampage, it's hard to believe that they have not even started working on it yet after announcing that about 9 months ago...
If that is the case, then I think it should be addressed in the next newsletter. If there are problems or it's going to take much longer (from now), I totally understand that they are busy, but it would be nice to know a general timeline or idea so everyone that is really looking forward to the migration is not kept in the dark.
I would just be extremely happy at this point with ragdoll and better AI
TechGirl
(Yes, I'm really female!)