Script changes are marked as drafted until you explicitely choose to apply them to the current build (Ctrl+S), so you won't break the build because you're in the middle of typing a line of code. There'll be a membership and rights system, right now there's only a server-wide password. Real-time script editing uses the same tech behind google docs and such (operational transform). There's no special history support right now, the server owner can version the projects in Mercurial / Git manually. Later on we'd like to have a project-wide revision system right in the UI.
> I'm curious why I'd choose this over say Unreal (free), Unity3D (free), Source 2 (free). ok, they aren't 100% free but they're effectively free until you make money.
Unity, UE4 (and probably Source 2) are multi-GB download and fairly heavyweight tools with sooo many options and drawers. Don't get me wrong, I love Unity (haven't spent much time with UE and Source 2 isn't out yet), but Superpowers is competing with Game Maker, Construct and the likes, not the big engines.