Nah it's real and it's pretty damn stable and does more than the 1.6 public release. I know it's supposed to be a pay beta, and usually I respect stuff like that, but that thing likely is dead. Even if it's not, you never see nor hear much out of them and it's like they're just stringing suckers along to get a few bucks for free to register for an old beta. I'd love to think they're still hard at work on it, but I mean think about when the last 1.7beta hit(that got made public) and the normal public 1.6.