Yes i have seen morphos/pegasos running at the local user group and it very much feels like an amiga and looks fantastic, what with MUIppc allowing the GUI to be customized. Compatibility and stability is also pretty good for a beta OS, and will only get better. I also have not head anything about the software that is being ported to AmigaOS4.0, but Morphos seems to have quite a few developers on side. who will wait and wait just for an official AmigaOS releas when the only thing official about it is the name..