Dynamic module loading is implemented now as well. Modules are normal apps with a special metadata tag and an asset describing which classes to load. You can look at my modifications for examples how this works. I think it is quite simple to develop and use.
I feel that Xposed is quite stable right now. It should be very easy to install both the framework and the modules without any knowledge about modding.
Also for developers, creating a new module is not too complicated. If anyone wants to give it a try, I'm happy to help you getting started.
I'm convinced that Xposed is great alternative to APK modifying, but it will not work without developers creating modules for it.
Speaking of modules, I have published one for the famous CRT off effect: http://forum.xda-developers.com/show....php?t=1583963
The source code is also available at Github
. See how it has less than 40 lines (and only about 10 LOC)? I think that this is awesome!