I gave it a go last night and I really liked what there was... Now I feel kind of sad that this project is dead because it showed the promise of being something I've really wanted to see for a long time... a MMORPG-like game for single play... (when I say that I mostly mean the crafting skills and the open gameplay.)Even if DF adventure mode does end up with a lot of those functions I don't think the feel can be done with a roguelike (at least in my opinion) as the 3D world and visuals are a large part of the attraction.
Oh well... DF is a great game in it's own right and I'll continue to enjoy that one.