Illusoft has released another update to their Collada 1.4 plugin for Blender (now version 0.2.65) with basic physics support. Be advised! You will need the latest CVS build of Blender to utilize the physics portion of the Collada script!
Here is the run down for this release:
export - export paths relative to collada file (GUI)
export - export Texture information from Material
import + export - store usersettings (from GUI)
export - export only current scene (GUI)
export - disable export physics (GUI)
import + export - physics, cylinder + cone support
Bugfix 0000040: Orthopraphic camera fails to export.
Bugfix 0000037: Cylinder and Tapered Cylinder need 2 radii.
Bugfix 0000031: Static meshes should always export a Rigid Body, with false