Originally planned to be called m&m 2, it is now named m&mf (m&mf free version). This is to make it easier to distinguish from the original m&mf, and as the feature set is exactly the same, the 2 wasn't really justified as there are no massive updates.
You can download the latest system from here! Just pick which class you'd like to run with and you're set. Note that extensive QA has not been done on this initial release, so treat it with caution and experiment with on a new profile. All systems include all class and general addons, and the experimental allclasses system is included, if you'd like to have everything in one.
Join the m&mf clan in-game for help!
If you'd like to contribute to the system or maintain it, have established your trustworthiness as an Lusternian, know m&mf and its code, please apply to join the m&mf organisation.