Thanks for posting and your interest. We have just released Milestone-2 release which is just another step in multiple milestone releases before we get to 1.0. We are rapidly working on Milestone-3 that will really begin to address the distribution aspects of MobiOne.
Right now Milestones 1 and 2 concentrate on distributing your apps onto platforms like iPhone by using the capabilities of the mobile webkit platforms, e.g. Mobile Safari on iPhone and Web Browser on Palm Pre. More to come on this in the future.