I've done a wee bit of testing, and it seems reasonably stable. So it's running just now. If you want to give it a shot, you can access it via Telnet or you can download DruinkIM (My MUD client) and connect with that. If you use DruinkIM you get to play with the funky 24-bit colours and other TA2 protocol fancy stuff.
Since I haven't got round to doing a manual for either the MUD or DruinkIM yet, here's a list of the tags you can use in the MUD (in telnet too, but only some work):
<-31> Red text
<-32> Green text
<-33> Yellow text
<-34> Blue text
<-35> Magenta text
<-36> Cyan text
<-37> White text
<-cRRGGBB> 24-bit colour in HTML RRGGBB format - e.g. <-cff9900> is orange
You can combine tags, for example, bold, strikeout, orange text:
Well, that'll do for now. It's 2:15am and I'm tired.
Oh yeah, if you do try and connect to the MUD, ignore Kim - that's the bot and she won't reply...