I know that lots of people was waiting for this new and now the time is over: Telligent System staff has announced that the new Community Server 1.0 (CS 1) has officially been released and you can download the installer from HERE! (only the installer for the moment, the source code will be available during the next days).
Interesting to know that the developer staff has start thinking to the new version 1.1 and that they want to move both www.asp.net/forums and blogs.msdn.com platforms on Community Server. If you consider that these platforms have lots of users and lots of accesses during a day, you can easily imagine how performan could be the new CS.
If a migration from .Text engine to the new CS engine will be possible and easy to do, I think that this platform will be a revolution for the Blogosphere. 