From my reading today it seems REBOL 3 and Red have semi-merged [1]. REBOL 3 extensions can be written in Red, and the communities seem to share the same online spaces and goals.
Red looks awesome in the long run, the main weirdness being its refusal to follow standard math operator precedence [2].
Although Red's macro/DSL buildup skips a ton of intermediate bloat, someone needs to write a normal server framework to interact with standard industry data sources. When it becomes easy to add a Red microservice to an architecture, Red can enjoy an explosion of adoption as Go has.
[1] http://rebolforum.com/index.cgi?f=printtopic&topicnumber=27&...
[2] http://stackoverflow.com/questions/26514041/fixing-the-rebol...