The rules are undergoing the fourth and hopefully final complete rewrite/compression. The game is also moving from a 25 level system to a 15 level system. Running a party through all 15 levels with weekly games should take 1-2 years of real time. Defenses have been simplified even further and making characters is also easier. In all situations rolling extra six sided die has been replaced with rolling extra 20 sided die and taking the highest die rolled. Risky Checks still exist, obvs.
Serious work has also begun on the Game Master’s Guide. I expect this guide to take much less time than the players guide simply because the games basic rule structure is now cemented. The guide will help Game Masters run the game rules and explain a good Macro view of the “Distant Empires” universe.