I too have been following Reia since he started it up and... well, I'm consistently disappointed. I'm putting this out there publicly because it's come up with co-workers. In the end, he's waffled with so many language design decisions that, in my opinion at least, it's turned into a language that on one end doesn't have the true syntactical flexibility of Ruby, and on the other side has buried a lot of what is most useful in Erlang. For alternatives I would suggest Lisp Flavored Erlang http://forum.trapexit.org/viewtopic.php?p=40268 or Efene / Ifene http://www.marianoguerra.com.ar/efene/ - both of which do much better at being Erlang-(but-with-better-syntax).
Edit: This is referring to its current state only- I reserve the right to change my mind in the future (: