I have seen it installed on a Nokia 770, and saw it browsing the web.
It is still quite beta and it is not an actual replacement of the built-in browser. (As a user, you can't remove the original browser and just continue using Minimo. It's an alternative, not a replacement.)
I was wrong about it not being developed anymore: a new release for Maemo just came out, yet this older message from the Minimo developer gave the impression that there is no active development is going on for the original project.
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