So the first version of the Rules Compendium is up. It has more than just crunch, it looks like the full racial and class descriptions are there. Not bad, though the interface could definitely use some work.
But the RC doesn't have any monsters, or traps, or action lists, or any other rules for adjudicating the game. And the news article lists no plans for including this information.
Where's the DM love?
Sure, looking for character information is nice. But as a DM I'd much rather be able to search for a monster that would fit my Dungeon, or be able to look up the rules for Stealth without needing to flip through the book. That's what I use the 3.5srd for. So where's that information?!
I've been holding out hope that the RC would make up for the other crap on D&DI (well, except the magazines, which are surprisingly high quality IMO). A full database of all the crunch in books that come out is still compelling if it shows up (the question then becomes if its worth spending $10 a month for the crunch of all those $20 books), but without the look-up functionality to speed up my game-play, I'm not really sure I'd be wanting to pay. And I've been intending to get D&DI the whole time...