Precision calculation for e+ e- -> 2f: the KK MC project

We present the current status of the coherent exclusive (CEEX) realization of the YFS theory for the processes in e+ e- -> 2f via the KK MC. We give a brief summary of the CEEX theory in comparison to the older (EEX) exclusive exponentiation theory and illustrate recent theoretical results relevant to the LEP2 and LC physics programs.