Hey, thanks for the support! I've done a lot of camera work since the last alpha was released, and this includes firstperson and hood views! I've just started on the multiplayer, and will be doing some limited beta testing soon, let me know if you'd like to be a part of that!
In terms of physical damage, I'm still iterating on what kind of damage I want in the game, seeing as it's arcade I don't want to punish the player too severely for hitting barriers, but it'd be cool to wreck the car at least visually.
The full release won't be free, since I want to have a solid, healthy multiplayer, and good servers don't come cheap. It won't be much though!