freetype: I have a “beta” version of the Vera fonts, and they are in TrueType format. I think it is safe to assume the final version will also be in TrueType format.
The Vera fonts are based on the Prima fonts if you want to see more samples. The copies I have display quite nicely with recent freetype versions (using the autohinter). The slides for my presentation at linux.conf.au were displayed with the Vera fonts. They didn’t look as good as they might have because MagicPoint still uses freetype1
The fonts should be available to the general public in about a month (or maybe a bit less). Jim has done a great job with this.