Everything is working fine and all skills/abilities work. You will need extra IPs to be able to have dungeons, so make sure to have the dungeon servers on different IPs.
Currently by what TB can find, the Wood Garden dungeon is working (New Dungeon), but Hard Mode is missing for the moment. With Hard Mode, you would have a LV 60 dungeon with which to get Epic Gears and what not.
PS: LV Cap is 65. ^^