The character was supposed to be rebooted this past summer, but that I know of, that has yet to come to pass. It might still be simmering though, based on the image below (and the accompanying description by artist Tony Gray).
Finished art from Tales of the Incredible Conduit #1. This page shows the radical transformation of the Conduit into a cosmic level hero from his earlier incarnation. This is an upgrade to the character in his first story arc published under the GlassMonkey Studios comic book line.
Click the image above to be taken to the originating page on the Comic Art Fans website and view the rest of Mr Gray's portfolio.