1.7.2 Update status and info
As you probably know, Minecraft 1.7.2 has been released. The new launcher supports upgrading/downgrading by simply changing the versions under "edit profile".
UPDATE: The early Dev versions of spigot are released. We have immediately been working on testing to bring you an update asap.
The servers are currently 1.6.4, because there is yet to be a full 1.7.2 version of spigot/craftbukkit. We will update shortly after spigot/bukkit is released.
The main and sky servers will undergo a map reset upon the update, where the map and inventories will be reset. This allows old stagnating players to rebuild anew, while giving new players a chance to establish themselves. Homes will be reset. Factions will remain. The economy is planned to be deflated by making money more valuable. Balances will be cut to 10% so that everyone is still relatively as rich/poor.
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Cracked 1.6+/1.7.X Launcher:
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