Ruby and .NET - how will they taste together?

Wow, big news to start off my new blog. The Gardens Point GP Ruby .NET development team has announced an initial beta version of their system.

At this point, they claim that it can compile Ruby source into verifiable .Net v2.0 assembly, or it can run Ruby code directly in a compile, load and execute cycle. They do warn that their implementation is not yet complete, although it does pass everything in samples/test.rb (I wonder if they're using theRubicon/Rubytests stuff for further testing?).