i'm planning on releasing it, as a free forum. I've really only been working on it for about a week. So its really incomplete. But the layout is based on a stylesheet. Which will make it easy to skin it.
I'm not to sure about features, if anyone has idea's just let me know. But for now, i'm just getting the basics done.
But it will be fully customizable. Everything from the skin, to the profiles, to the BBcode.