Earlier this week, Jon Lusky released a new version of ircd-hybrid. The version number has now reached 7.3.0. Among the changes you find a new Bulgarian translation, a fixed IPv6 implementation and channel modes O and S for opers-only respective SSL/TLS-only clients. Server administrators now get to choose whether they want to use SSLv3 or TLSv1 to secure connections. All spy-notice modules that previously covered reports for usage of STATS, TRACE, MOTD and ADMIN have been replaced by server-sided notices. The old LazyLinks concept has now been removed, as it was half broken. The WATCH command known from UnrealIRCd and Bahamut has been added. In addition to that, a few minor cleanups and bugs leading to crashes have been fixed.
Hybrid is used together with Ratbox (which is a fork) and CSIRCd on both EFnet and IRCsource. It has been forked many times and it’s known for its stability and quality of code.
By looking at the SVN repository it seems like the developer team behind Hybrid is working towards a 8.0 release, featuring better services support while still keeping simplicity.