Hi! It is definitely under development,and,somewhat behind Mozilla. I really like the beast,but,since I am not involved in the development,I cannot where it is going,nor especially when.
we're still developing it, unfortunately the 2 main developers (Jeff Doozan and myself) have hit a bit of real life. as much as we would like to devote all our time to kmeleon, things that feed us come first.
it's a really nice project; i'd feed you all if i could. ;-)
half of me wishes i had the skills to contribute to something like this... the other half knows that if i did, i'd never have time to appreciate what it does.