Well, there was the trem dev thread.
Don't remember who made it, but it was pretty active for a while.
But it wasn't on the main page, there is no info on the main page about any development, trivial or not.
Which bothers me a bit.- There are also no new screenshots in the sceenshot page since the birth of time, Although there IS a lot of pictures to show!
(Choppers, new models, new HUD, new maps!)
Which should be enough to atleast keep the interest of more players, currently it's a bit dull, yes.

there was versions before 1.1.
The standalone didn't take 7 years to make? O.o
1.2 is an update, yes, it's pretty damn big, but if it takes 7 years, i'll dry up and die with huge parts of the community. :/
Other nice ways to keep the gamer's hearts burning with desire for the upcoming versions, like TremRadio. (which was a good idea! I nearly got a hard on by listening to Dasprid talk about new 1.2 features planned.

)