Yes, Freedom Arms is in business and doing very well.
I took delivery on a large frame Premier grade last spring...it took them about 3 months to deliver..and right now the lead times are a little longer.
Their website may not be updated...but why would they, if they're busy and building great guns. Here is the difference between their Premier Grade and their Field Grade...
http://www.freedomarms.com/
Depending on what you want - Premier Grade, model 83 (large frame is about $ 2,400 - or a little more / with whatever options you want )...personally, on mine, I added an octagonal barrel, action job, overtravel screw...(mine is a 4 3/4" octagon barrel, .357 mag..)...
I'd recommend Freedom Arms - mine is an excellent gun ! Here is a photo of mine.
http://thefiringline.com/forums/atta...0&d=1339790943