The Blender Foundation is currently testing the first Release Candidate 1 for 2.49.
Full story and download link here.
Here’s the WIP list of goodies:
* Video Textures in Game Engine
* Logic API cleanup for Game Engine
* Texture node editing
* Etch-a-ton, armature sketching preview
* Dome rendering for Game Engine
* Projection texture painting
* Jpeg2000 support in sequencer
* New GE actuators
