"The good news is Allegro libraries have been further updated to support bitmap to font support. What that means for EE2 is a simplified method of putting nice HP indicators over the character when attacking or being damaged. Also, this can be tweeked to display other things such as status indicators like "poison" and "reflect", as well as a better cosmetic look to the client status menu. This is a very good thing. Alpha will arrive once chat support is finished to see how the client performs with several players on screen."
Hope that fills you in as to the progress of how it's all coming along, can't wait until it comes out and is open to public.