The X11 fork has been tested and is now in place. The main branch code has been updated, and should be updated by miners and exchanges. The new wallet release can be downloaded here: https://github.com/psionin/smartcoin/releases/tag/0.9

The upcoming fork includes the following changes:
* a transition to the X11 mining algorithm starting on July 24, 2014 at 00:00 UTC
* block time spacing increase to 2 minutes
* block subsidy reduction to 16 coins per block