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I have been following the development for a while now. The site in question is a site that I had going strong for about 1/2 a decade, but then discontinued for various reasons. I would like to try to bring it back (was only closed for a month), but given the circumstance the idea of a free development such as Wedge is more appealing to me.
Have no idea whether importing would work.
Good news, though, is that it's risk-free for you: it's not an upgrade tool, it's an importer, so you can run both versions side to side.
Wedge is pretty final these days, only thing left to do is to change the license to something less restrictive.
There are still bugs around, but if they get in the way I'll fix them eventually; also, some features are missing or unfinished, such as the friend & list system which I never got around to write an extensive UI for. Anyway, it's still working, just not as fantastic as I imagined it.
Wedge, itself, is fantastic enough to overlook that. ;)
I am fully aware that it is still a work in progress. But I like trying new things and I like where it has been going so far.