Work has never stopped since the release of PCSX2 0.9.1 , in fact it rarely does 😊
Refraction has made significant fixes to counters making games much more stable. For instance, Final Fantasy X-2 is now stable enough to be classed as "playable". Disgaea will play story scenes without freezing, and Resident Evil 4 is much more stable during gameplay!
Saqib has been bustling away with IPU and more and more games are playing videos without looping or crashing mid-way through playback. This fixes games such as Grand Theft Auto III, Final Fantasy X and WipEout Fusion.
Zerofrog, busy as ever, has been fixing vuREC0/1 issues and making those games that do go 'Ingame' look correct including: Rayman M, Silent Hill 2, and a personal favorite WipEout Fusion .
Saqibs IPU fixes combined with ZeroFrogs work on the graphical issues (I bugged him to death about this game 😛 ) have made WipEout Fusion playable!