Some Universal Audio test versions have been released (11/12/2007) as progression towards a 1.2 release; the latest is based on ALSA 0.9.7. It requires a previously installed package, such as the recently released (8/19/2007) version 1.1.4 RC3. This is based on the GPL ALSA Project from Linux and provides drivers for various sound chipsets. Warning: the last version that worked on my SB Live card was version 1.1.4 RC1; your results may vary depending on the sound card/chipset you have.
Source: OS/2 Warp News and Rumors.