Yes, it works fine with the EIB bus, and is currently in use. Under wizard/devices/interfaces, just add the eib interface. You'll need a rs232->eib adapter--we use the Gira models, but I know there are others.
Then just add your lights, thermostats, etc., and position them on the floorplan. You can create lighting scenerios that mix eib and other devices. And you don't need to program anything to create new scenarios. Plus you can control the lights interactively on the floorplan. It also handles temperature readouts, etc.
There's also a utility that will import the group addresses from the ETS software from EIBA to make it easier to get them into Pluto.