It seems some unfortunate organizational problems have prevented a swift release of RC2, dragging RC1 for a month instead of the supposed week.
RC1 had a nasty industry problem that prevented goods produced by them to be used. RC2 fixes this, along with a few other minor cornercases. Please test this version extensively, hopefully all is well.

As usual the files can be found in the downloads section and a longer announcement over at the forums.

From 0.4.8-RC1 on, we will also release all our files via BitTorrent. 0.4.8-RC1 will be our test, to see if everything goes as we want. We like to ask you to use BitTorrent as much as possible. Uploading files to SourceForge is getting harder by the day, and as you might have noticed they had a big outage at the time of the release of 0.4.8-RC1, which gave a bit of a problem. So, to have a backup, and hopefully in the future it will be our primary, file distribution system, we launched BitTorrent. Of course SourceForge will be also available for now. You can find all the torrents here:

[Dead link] If you have any problems, comments, tips, suggestions or what ever, please let us know.

[Update] Files are finally online [/Update]

We're glad to announce OpenTTD 0.4.8 RC1. This is, as the name says a release candidate. If no problems are found the final will follow shortly.

OpenTTD 0.4.8 is a service pack for 0.4.7. Many problems have been addressed, network security has been tightened, and the gameplay has been improved in overall. You can, as always, find the not-so-full list of changes in the changelog file bundled with the release.

We ask you to test the release candidate as much as you can. If everything goes right 0.4.8 final will be the last OpenTTD version before 0.5.0.
As a sidenote: a few languages miss quite a couple of strings, mainly Icelandic (20) and Galician (30); it would be nice if some translators could translate these strings over at WebTranslator2.

As always the files can be found in thze downloads section and a longer announcement over at the forums. It is possible that the files are not available at the moment, SourceForge is acting up, so please be patient.

After a long (but not long enough) development phase, I opened WebTranslator2 as a beta service. This means that everyone who feels enough courage to translate OpenTTD to her/his native language are welcomed to ask for a translator account. See details at WebTranslator2 home page [dead link].
Happy translating! WebTranslator2 was since replaced by Web Translator

A couple of screenshots have been added to the screenshots section.
It was pretty hard to find good screenshots so if you happen to have pictures that are just brilliant, don't be shy to contact me for addition to the above mentioned section.