A preprint on fast decoding of AG codes is now available on arXiv here. It was written by Peter Beelen, Johan Rosenkilde, and Grigory Solomatov. In the preprint, it is explained how to decode any AG code fast. In fact, the obtained decoding complexity is at least as fast as any previously known algorithm even when specified to particular AG codes such as the highly studied one-point Hermitian codes. It should be said however, that for Reed-Solomon codes, which can be viewed as AG codes as well, there exists a slightly faster decoding algorithm.
The result in the preprint may well become the bench mark for any future work on decoding AG codes. They also appeared as a chapter in the recent PhD thesis of Grigory Solomatov. Needless to say that we are very excited by the obtained results!
Update (November 2022): the paper has appeared in the highly esteemed journal IEEE Transactions on Information Theory!