Still the old story ;) The team is preparing everything for the steam release. Models are difficult to build, animate and add ingame. Balance is always an issue u have to test. Coding AI and general gameelement could cause problems. And CoH patches can add more and more problems to this list. So the team is working on the list.
Perhaps Bish can and will give u more details (i dont want to spoil at the moment :P).
And keep in mind: You can help us. When u can animate, code scar or data files, create skins and skin masks and stuff like this feel free to send an application.
Mod isnt dead. We have a target. EF wants to bring you the Steam version via Steam Greenlight and the mod will make it.
I can understand that you have the feeling that this is dead but when u are really interested in the mod there is always a way to help ;)
Thanks.
May the force be with you.