Bebo is still working on fixing performance problems, and the applications are still down. In a blog post today, the Bebo developers talked about some features that they will be releasing in the near future.
This sound great for encouraging the spread of applications, but I worry that, like on Facebook, abuses of the system will render it mostly useless. Facebook has implemented limiting features to cut down on the spam, but the Bebo developers made no mention of implementing them on Bebo.