This week we have gone through the creation review for Eclipse IAM (Eclipse Integration for Apache Maven), and so we are starting with the paperwork at the Eclipse Foundation to create the project in the incubator and start moving the code from Q4E, the codebase will be donated to IAM as start point.
Development won’t stop in the meantime and we don’t expect any interruption for Q4E users.
Carlos Sanchez's Weblog 
What does this mean for the 0.7.0 release that you currently have as a SNAPSHOT? I recently blogged how great it was, but haven’t seen a release announcement.
It will be released soon, I don’t think there’s much work left. for 0.7.0