What’s up with K2?

I’ve recently been tidying up my website, and I wanted to give it a new look. I decided to start using the K2 theme since it looked promising. I got the latest nightly build (7/13/2009) and it works great; but the forums are just full of spam and the official blog hasn’t updated in 3 months. Is there still some steam behind it? I’d rather not build my site around it and write up custom CSS if it’s not going anywhere.