I recently heard from them that we shouldn't expect production engines for another 2-3 years. They have at least one test engine, and are partnering with
Ravin Aircraft (also in South Africa, they make a kit modeled after the Piper Comanche but in fiberglass) to provide another test engine for evaluation.
Historically, no geared piston engines have survived commercially.
However, I wrote them and told them that if they have trouble with the gear box they should check out
Magnomatics - makers of magnetic gears. Cannot break, reduces torque pulses, and automatically "slips" like a clutch if maximum acceptable torque is exceeded (should protect the engine from prop strikes).
More interesting to me is that Ravin is developing a twin version of the Ravin (just like Piper did with the Comanche). If they were to put two of those Adept turbocharged beasties on that airframe, that would be 620 ponies - some quick cube-root-of-horsepower calculations suggest an airplane that could cruise at well over 400mph with the oxygen mask on!
Don't worry though - I'm sure that such an airplane will cost 2-3 times as much as an RV-10 (and well out of my price range), so it will undoubtedly remain the most popular choice.