I'm still here
Major changes have been made to PunMod since the last release - it now works with a transparent backup system, which means it starts out by archiving your whole PunBB installation to a single backup file, from which it restore dynamically; if you don't understand what this means, it basically means you can now add/remove sourcecode changes fully dynamically, e.g. add/remove mods as you please, or undo all mod changes and revert to your original PunBB installation.
However, major work lies ahead - one of the next things I have to do, is of course test and integrate it with PunBB v1.2.
But there is also a major challenge in making database commands which can fully support both install and uninstall.
What this will probably mean, is that commands like ##SQL and ##RUN will have to be dropped. This may sound pretty drastic, but both are virtually impossible to undo, and therefore can't possibly be properly supported. Instead, the ##ADD command will be replace with something more flexible, allowing for table/column/index creation with automatic undo.
Also done is a custom archive format support library (using zlib), currently only used for backup/restore, but which will be used for single-file mod support. Also, subfolders under the punmods folder is supported now, so you can already organize mods and their dependency files more neatly - not that this will be necessary really, once single file "mod archives" are fully supported.
Anyways, that's the status at the moment.
I'll put up a newer version for testing the new improvements at your request.