We are accually quite close to completion.
The code is essentially done (and has been for quite some time) All that needs to be done is to balance the two sides and fix little problems here and there.
Modelling-wise, I'd say we're about... 85% done. All the structures for both teams are done and all the weapons are done. The creating of aliens is going a bit slow on my part, and so there are only 2 alien models complete. One of them is animated, but not skinmapped and the other is skinmapped, rigged, and being animated as we speak. So that leaves 4 more aliens I need to do. I've also made models for: the human head and helmet, which are both in-game. the jetpack which is in-game. and the human model which is not skinmapped yet, and might not be in the first release.
In the skinning department: all of the structures are skinned, about 40% of the weapons have been skinned, one of the aleins is skinned, and the human head and helmet have been skinned.
Last, but certainly not least, are the maps. So far we have one map completed... but I think jex wants to scrap it. Luckily we have 4 mappers working right now, so we should have a fairly good selection by the time we release.