This new rule set is now entitled The Adventure Cycle. I’ve been a bit ruthless pulling out various mechanisms, to make available later as plugins. Here is the state of play for finishing up the text for the rules.

The things marked off have had some substantial play testing, as we are running four streams of play testers in groups of 3 to 6. Next up its pulling it all together into a PDF.
There is a write up of an interesting encounter with a giant spider during one of the recent play tests, at RPGGeek.com.
And the free dice roller has turned out to be a bit of a hit with the players.