It will be released when its ready. Hopefully not long - but really its down to how much time I can spend on it. And yes it is magical
As I've said before (I'm fairly sure I have unless I'm going mad) Cineroma will be released under the GPL (maybe LGPL...) and will be free. I am mulling over various options... but either way it will be possible to get a version that is free - maybe without support. We shall see... its hardly the most important area for me to think about atm.