Although we are releasing a new version next week with lots of goodies, it will not include anything new with regards to the API. Accessing and updating data via our OData service is still a great option. More on this subject can be found in one of our blog posts here:
Manipulating TeamPulse data is easy going over our OData data service. Start by adding a web service reference to http://<TeamPulse server name>/Services/DataService.svc. If you have the OData protocol analyzer extension you can get a nice visual of our object model (http://msmvps.com/blogs/audrey/archive/2010/06/29/odata-open-data-protocol-visualizer-extension-for-visual-studio-2010.aspx).
I’ve attached a sample project that will lay out the basics for you. It demonstrates getting data using a couple of different methods and also making changes and saving them back to the service. If you have any questions at all, let me know.
the Telerik team