This hack has been updated.
It's now fully featured and allows users to override your control panel setting as to whether they should accept MIME/HTML mail.
The documentation has been updated and completed with detailed instructions on editing all the mail() calls to support HTML templates.
There are some changes to the parameter list for the mime_mail() function call, so if you've installed it already, you'll need to revisit the code changes. Any future updates should be limited to the included classes and won't affect the code changes.
In short... it's done
Please let me know if you come across any bugs. It's very difficult to fully test this kind of hack without emailing hundreds of different people.