I'm finally working on the long-awaited "revised and expanded" Microlite74 2.0. You can follow progress, comment, and make suggestions on my Microlite74 board at Retroroleplaying.com. There will not be a lot of changes to the current M74 rules, but there will be a number of new optional rules and the monster list is being completely reworked to be much closer to 0e and 0e retroclones.