Version 2.5.0.0 was released a few days ago on CodePlex: http://morphfolia.codeplex.com

This release will be the last .Net 2.0 release, I have already "moved" the code base over to 3.5. 

The release notes are here.

I was going to do this and upgrade the database to SQL 2008 all at the sametime, but on reflection I'll do that seperately - I'm more keen to allow users to post comments on blogs (and potentially any other content) so I'll nail that first.

Remember to check out (and provide feedback on) my Product Backlog.