There are 50 JIRAs in the 0.5 bucket right now.  Here are the top-level features for the release:

SWITCHYARD-724 : Create a REST gateway based on RESTEasy

SWITCHYARD-725 : Add support for security policy

SWITCHYARD-726 : Create an app showcase on OpenShift

SWITCHYARD-727 : Visual tooling in Eclipse for SwitchYard application model

SWITCHYARD-728 : Upgrade to Forge 1.0.2 Final

SWITCHYARD-729 : Support for JBoss ESB Gateways

SWITCHYARD-730 : Support for clustering and distribution

SWITCHYARD-520 : Application property support