Just when we thought that Truespace is dead, Caligari has released a new version 7.61. This version is free as well. Please go to Caligari website to download it.
As I have not been using Truespace for quite a while, I will not comment on it.
Another happy news is that Truespace now has Yafaray support. It sort of replaces the discontinued Vray support for Truespace. As a Vray user, I really appreciate Vray’s relative ease-of-use and ability to produce beautiful and realistic images fast. In my opinion, Yafaray is the closest free equivalent to the formidable V-ray. So, Yafaray’s support for TrueSpace is a good thing.
Just in case you do not know what Yafaray is, well, it is a free high quality rendering engine that supports true global illumination. Yafaray gives you the choice to use path tracing, bi-directional path tracing, photon mapping and ambient occlusion for rendering. Beside TrueSpace, Yafaray also is supported by Blender 3D.
To download the Yafaray plugin for Truespace, go to http://www.yafaray4ts.org/download.html