It's coming along - test net is in the works and the code is here: https://github.com/FactomProject/FactomCode

They have hashed the guternberg bible here as a demo for proof of existence: http://demo.factom.org:8087/sentry/c6a13c0be18440f3de7bfdebdd7e58c45b46b902d94b5f0aae073693e2c5f8f5