Hello Hans,
I've updated original TeXLive2007 distribution to the latest cont-tmf beta, by copying \web2c into TeXLive2007\texmf folder and every other stuff into TeXLive2007\texmf-dist folder. Then I rebuilded the format files for both context and xetex (texexec --make en, then texexec --xtx --make en). Now xetex doesn't see the font that it previously did. The setting
\definetypeface[myface][rm][Xserif][Adobe Caslon Pro]
now gives
This is XeTeXk, Version 3.141592-2.2-0.996 (Web2C 7.5.6) (format=cont-en 2007.6.18) 18 JUN 2007 20:20
entering extended mode
\write18 enabled.
%&-line parsing enabled.
(WARNING: translate-file "natural.tcx" ignored)
**FMHelp.tex \emergencyend
(./FMHelp.tex
ConTeXt ver: 2007.06.06 09:53 MKII fmt: 2007.6.18 int: english/english
...
! Font \*myface212ptrmtfrm*:='"mapping=tex-text at 12.0pt"' not loadable: insta
lled font not found.
<to be read again>
\relax
\xxdododefinefont ...tspec {#4}\newfontidentifier
\let \localrelativefontsiz...
\fontstrategy ...me \fontclass #2#3#4#5\endcsname
\tryingfontfalse \fi
<inserted text> ...yle \fontalternative \fontsize
\fi \iftryingfont \fontstr...
\synchronizefont ...strategy \the \fontstrategies
\relax \fi \iftryingfont \...
<argument> \getvalue {\@style@ \fontstyle }
\edef \fontstyle {\fontstyle }\if...
...
Best,
Vyatcheslav