Avatar Core 0.0.3 is now available from the Avatar Core Project Page. The same structure of the framework remains mostly the same, though a lot of the API has changed. A lot of this is a result from the increased focus on allowing Avatar's to be able to be self-contained, without needing a library to link to. Currently, this does introduce a problem with some features of the framework (which will have to be figured out in the next release), but I think overall it's for the best.
The live demo has also been updated (and can be downloaded, with the framework, from the downloads page).
More information about this release can be found in the release notes.