There is a beta test and I may one day be in it. That’s all we’re allowed to say right now, or they will send the mechanical brain-eating beetles after us all.
The website has been revamped quite a bit, and there does appear to be movement. I’m not sure if sign-ups are open right now, but it sounds as though they will be soon. If you’re interested in Steampunky alternative MMO goodness, check it out.