We have been preparing another release of Esquimo simultaneously develop its Molehill version. There is no public release yet, but you can check some of the examples.
For those who haven't heard yet - Molehill is new technology that Adobe implements in new Flash Player version (numbered from 11) which is cabale of using power of GPU for rendering 3D scenes. That's in short. You can read more on Adobe Labs website.
We are in a test phase with new FP11 and want to establish what we can afford with new 3d API and adjust parameters limits, add some more advanced objects maybe. Though until Flash player 11 will be released we will more focus on expanding general functionality of Esquimo. We currently work over new extended events system.