Yup, more details will be posted soon.
It will hopefully be Admin'd by someone other than me (I'm a bit of a noob when it comes to Terraria)
But the IP is terraria.lolnet.co.nz:7777 and the website is http://terraria.lolnet.co.nz
At the moment its tiny, its been moved from running on a laptop every now and then to running on the old lolnet server.
Once we've got it all sorted we'll hopefully start getting more people onto it as there doesn't seem to be many Terraria servers around.