Hi Bill,
The only news I have is from some videos I saw on Myspace. It looks like the fols at Brecon Mountain are focusing on the Brazilian, Baldwin 2-6-0 they bought from Mike Hart??? at the Ffestiniog a couple years ago. It also looks like they have been slowly manufacturing and stockpiling parts for the replicas on #23 and #10.
Since the Brecon and the Rheidol lines are both owned by the same folks, it is an interesting exercise to consider how the Sandy River locos would perform on the Rheidol.
I'll keep my eyes peeled.
Best Regards,
Glenn