I'm pretty excited about Kod in general though; the design has a real great start, and the scripting foundations he's building seem really interesting. Open sourcing it should (hopefully) speed it along to reliability and completeness sooner rather than later, too. Will be a fun product to watch.
Kod is a great start so far, but still has a ways to catch up. I wish the developer the best and that it works out for him. Hope it doesn't turn out like Smultron (now Fraise).
Do you people just have supremely low expectations?
I've given up hope that there will be ever an update and learnt to live with v1.x. However, that's just settling. As soon as I find something better, I'm gone. I bought Espresso with the hope that supporting that would encourage a lot of development but MacRabbit has been pretty slow on the improvement side as well (as shown by the sparsity on their blog http://macrabbit.com/blog/) so I've had to make do with TM since it feels better and more natural than Espresso for now.
Ahhrrgg <sigh>
See: http://twitter.com/#!/espressoapp/status/18041354806370304
If Panic could create a TM to Coda migration path for those of us not interested in Emacs or Vim, they could snag a ton of customers. A way to port bundles and to turn off the dreamweaveresque portions of the app and they'll have my money. They actually ship software or at least keep people in the loop.