Any updates or is this dead?

As of this moment, 6/1/2015, Panjo does not have a community marketplace plugin for vBulletin 5. Panjo supports up to the latest version of vBulletin 4.2.x. Panjo has a new option that allows community owners to build community marketplaces on Panjo.com. Panjo has a variety of options to integrate those community marketplaces with a vBulletin 5 install via XMl, JSON, and RSS. Here are some examples of community marketplaces on Panjo.com:

Porsche community marketplace
BMW community marketplace
Flashlight community marketplace

Contact chad@panjo.com via email if you want Panjo to launch a community marketplace for you.

Panjo has some new marketplace options available for vB 5.X users. See http://www.panjo.com/partners

Not really interested in having my users get bounced over to a different site.

Will you ever make an extension for vb5 and allow classifieds to be run internally?
If so, when
If not... I would be interested in knowing that as well, so I can avoid viewing this thread

TIP: Spell check your website

Homepage
Once installed, sellers conitnue to click on the "new thread" buttons in the same classifieds subforums that sellers have been clicking for years.