There's been a lack of news, but not a lack of commits! After a series of minor improvements, the Panel [1] was tagged and released as version 0.0.5 [2].

Among other things, it supports:

• more icon sizes (with the -s and -x flags),
• swap monitoring,
• improved Linux support (memory monitoring),
• an actual systray,
• hardware monitoring (GPS, GSM, Bluetooth for the Openmoko Freerunner in particular)
• probably fewer warnings while compiling.

Binary packages for various platforms will follow.

[1] http://www.defora.org/os/project/3262/Panel
[2] http://www.defora.org/os/download/download/3326/Panel-0.0.5.tar.gz