Obviously as puzzled as we were by the most recent update to the Wheel of Time page that mentioned they were up to version 300 of the Unreal code, Apache at Unreal Universe (thanks PlanetUnreal) shot off an email to Epic's Tim Sweeney to find out what the story was on Unreal/UT version numbering, since Unreal is currently at version 225, and they previously said they are advancing the same code base for Unreal and Unreal Tournament. The answer, it turns out, reveals that this is no longer the case:

That's the latest version of UT (actually we're up to 303 by now). We separated the code a while back, and the versions are evolving separately:

Unreal: 225 (available), 226a (unreleased test version), 227 (next version coming up soon).

UT: 230-303 and still counting.

-Tim