That is my plan as of right now, but sadly there is no beta to test at the moment. ULX v1 still has very few changes.... I've run into a bit of a developmental wall: ULX v0.9 was so bug-free I don't have much incentive to continue it ( since it's not being used for it's original purpose anyways ), and I don't have any ideas for Ulysses besides restoring and perfecting a few UGM features.
Anyways, rest assured, ULX and Ulysses will continue.