Progress?
Yes, the status reported on the page is still current: «The proposal for an Akademy presentation was submitted and rejected; Nike will not be able to attend Akademy. The project needs a lead willing to push it and to find/assist pioneering language teams». The existing translation teams raised barriers on mailing lists and Nike was not able to attend Akademy so this didn't progress. It could progress if someone found at least one language willing to embrace the translatewiki.net way fully, or even better a new language not yet translated or with zero active translators which would start a new team, fully translatewiki.net-based. We've not yet found one such language, if you can find one please let us know!
I would be willing to do the Cologinal translations but I would likely be doing that alone, not with a team. As a matter of fact, being a user of KDE, I would be quite interested in having it translated in my mother tongue.