diff --git a/Cargo.lock b/Cargo.lock
index e773786f20..666c856059 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -7491,9 +7491,6 @@ dependencies = [
  "levenshtein",
  "nix 0.24.3",
  "openssl",
- "outbound-http",
- "outbound-mqtt",
- "outbound-redis",
  "path-absolutize",
  "rand 0.8.5",
  "redis 0.24.0",
@@ -7520,10 +7517,8 @@ dependencies = [
  "spin-plugins",
  "spin-telemetry",
  "spin-templates",
- "spin-trigger",
- "spin-trigger-http",
- "spin-trigger-redis",
- "spin-variables",
+ "spin-trigger-http2",
+ "spin-trigger2",
  "subprocess",
  "tempfile",
  "terminal",
@@ -8027,7 +8022,6 @@ dependencies = [
  "itertools 0.10.5",
  "lazy_static 1.4.0",
  "mime_guess",
- "outbound-http",
  "path-absolutize",
  "regex",
  "reqwest 0.11.27",
@@ -8165,6 +8159,7 @@ dependencies = [
  "spin-factor-outbound-http",
  "spin-factor-outbound-networking",
  "spin-factor-sqlite",
+ "spin-factor-variables",
  "spin-factor-wasi",
  "spin-factors",
  "toml 0.8.14",
@@ -8468,11 +8463,13 @@ dependencies = [
  "serde_json",
  "spin-app",
  "spin-common",
+ "spin-componentize",
  "spin-core",
  "spin-factor-key-value",
  "spin-factor-outbound-http",
  "spin-factor-outbound-networking",
  "spin-factor-sqlite",
+ "spin-factor-variables",
  "spin-factor-wasi",
  "spin-factors",
  "spin-factors-executor",
diff --git a/Cargo.toml b/Cargo.toml
index 8497b1e1c3..b69d2c0a3a 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -35,9 +35,6 @@ itertools = "0.11.0"
 lazy_static = "1.4.0"
 levenshtein = "1.0.5"
 nix = { version = "0.24", features = ["signal"] }
-outbound-http = { path = "crates/outbound-http" }
-outbound-redis = { path = "crates/outbound-redis" }
-outbound-mqtt = { path = "crates/outbound-mqtt" }
 spin-key-value = { path = "crates/key-value" }
 spin-key-value-sqlite = { path = "crates/key-value-sqlite" }
 path-absolutize = "3.0.11"
@@ -65,10 +62,9 @@ spin-telemetry = { path = "crates/telemetry", features = [
   "tracing-log-compat",
 ] }
 spin-templates = { path = "crates/templates" }
-spin-trigger = { path = "crates/trigger" }
-spin-trigger-http = { path = "crates/trigger-http" }
-spin-trigger-redis = { path = "crates/trigger-redis" }
-spin-variables = { path = "crates/variables" }
+spin-trigger2 = { path = "crates/trigger2" }
+spin-trigger-http2 = { path = "crates/trigger-http2" }
+# TODO: spin-trigger-redis = { path = "crates/trigger-redis" }
 
 tempfile = "3.8.0"
 tokio = { version = "1.23", features = ["full"] }
@@ -114,12 +110,13 @@ vergen = { version = "^8.2.1", default-features = false, features = [
 wit-component = "0.19.0"
 
 [features]
-default = ["llm"]
+# TODO(factors): default = ["llm"]
 all-tests = ["extern-dependencies-tests"]
 extern-dependencies-tests = []
-llm = ["spin-trigger-http/llm"]
-llm-metal = ["llm", "spin-trigger-http/llm-metal"]
-llm-cublas = ["llm", "spin-trigger-http/llm-cublas"]
+# TODO(factors):
+# llm = ["spin-trigger-http/llm"]
+# llm-metal = ["llm", "spin-trigger-http/llm-metal"]
+# llm-cublas = ["llm", "spin-trigger-http/llm-cublas"]
 
 [workspace]
 members = [
diff --git a/crates/loader/Cargo.toml b/crates/loader/Cargo.toml
index 9173ec0eb9..74680ca8d7 100644
--- a/crates/loader/Cargo.toml
+++ b/crates/loader/Cargo.toml
@@ -16,7 +16,6 @@ indexmap = { version = "1" }
 itertools = "0.10.3"
 lazy_static = "1.4.0"
 mime_guess = { version = "2.0" }
-outbound-http = { path = "../outbound-http", default-features = false }
 spin-outbound-networking = { path = "../outbound-networking" }
 path-absolutize = { version = "3.0.11", features = ["use_unix_paths_on_wasm"] }
 regex = "1.5.4"
diff --git a/crates/oci/Cargo.toml b/crates/oci/Cargo.toml
index 54e3e03e10..8dcbd55b76 100644
--- a/crates/oci/Cargo.toml
+++ b/crates/oci/Cargo.toml
@@ -6,7 +6,7 @@ edition = { workspace = true }
 
 [dependencies]
 anyhow = "1.0"
-async-compression = "0.4.3"
+async-compression = { version = "0.4.3", features = ["gzip", "tokio"] }
 # Fork with nested async-std dependency bumped to satisfy Windows build; branch/revision is protected
 async-tar = { git = "https://github.com/vdice/async-tar", rev = "71e037f9652971e7a55b412a8e47a37b06f9c29d" }
 base64 = "0.21"
diff --git a/crates/runtime-config/Cargo.toml b/crates/runtime-config/Cargo.toml
index 7a52c51280..989793a877 100644
--- a/crates/runtime-config/Cargo.toml
+++ b/crates/runtime-config/Cargo.toml
@@ -18,6 +18,7 @@ spin-factor-key-value-azure = { path = "../factor-key-value-azure" }
 spin-factor-outbound-http = { path = "../factor-outbound-http" }
 spin-factor-outbound-networking = { path = "../factor-outbound-networking" }
 spin-factor-sqlite = { path = "../factor-sqlite" }
+spin-factor-variables = { path = "../factor-variables" }
 spin-factor-wasi = { path = "../factor-wasi" }
 toml = "0.8"
 
diff --git a/crates/runtime-config/src/lib.rs b/crates/runtime-config/src/lib.rs
index 12f40c7505..61624133b6 100644
--- a/crates/runtime-config/src/lib.rs
+++ b/crates/runtime-config/src/lib.rs
@@ -7,6 +7,7 @@ use spin_factor_outbound_http::OutboundHttpFactor;
 use spin_factor_outbound_networking::runtime_config::spin::SpinTlsRuntimeConfig;
 use spin_factor_outbound_networking::OutboundNetworkingFactor;
 use spin_factor_sqlite::runtime_config::spin as sqlite;
+use spin_factor_variables::{spin_cli as variables, VariablesFactor};
 use spin_factor_sqlite::SqliteFactor;
 use spin_factor_wasi::WasiFactor;
 use spin_factors::{
@@ -97,7 +98,9 @@ impl<T: Default> ResolvedRuntimeConfig<T> {
         Self {
             sqlite_resolver: sqlite_config_resolver(state_dir)
                 .expect("failed to resolve sqlite runtime config"),
-            key_value_resolver: Default::default(),
+            key_value_resolver: key_value_config_resolver(PathBuf::from(
+                state_dir.unwrap_or(DEFAULT_STATE_DIR),
+            )),
             runtime_config: Default::default(),
         }
     }
@@ -144,6 +147,12 @@ impl FactorRuntimeConfigSource<OutboundNetworkingFactor> for TomlRuntimeConfigSo
     }
 }
 
+impl FactorRuntimeConfigSource<VariablesFactor> for TomlRuntimeConfigSource<'_> {
+    fn get_runtime_config(&mut self) -> anyhow::Result<Option<<VariablesFactor as spin_factors::Factor>::RuntimeConfig>> {
+        Ok(Some(variables::runtime_config_from_toml(self.table.as_ref())?))
+    }
+}
+
 impl FactorRuntimeConfigSource<WasiFactor> for TomlRuntimeConfigSource<'_> {
     fn get_runtime_config(&mut self) -> anyhow::Result<Option<()>> {
         Ok(None)
diff --git a/crates/trigger2/Cargo.toml b/crates/trigger2/Cargo.toml
index 656f510354..ab955f5d51 100644
--- a/crates/trigger2/Cargo.toml
+++ b/crates/trigger2/Cargo.toml
@@ -19,9 +19,11 @@ serde = { version = "1", features = ["derive"] }
 serde_json = "1"
 spin-app = { path = "../app" }
 spin-common = { path = "../common" }
+spin-componentize = { path = "../componentize" }
 spin-core = { path = "../core" }
 spin-factor-outbound-http = { path = "../factor-outbound-http" }
 spin-factor-outbound-networking = { path = "../factor-outbound-networking" }
+spin-factor-variables = { path = "../factor-variables" }
 spin-factor-wasi = { path = "../factor-wasi" }
 spin-factor-key-value = { path = "../factor-key-value" }
 spin-factor-sqlite = { path = "../factor-sqlite" }
diff --git a/crates/trigger2/src/cli.rs b/crates/trigger2/src/cli.rs
index 321f1d56dd..db095fd458 100644
--- a/crates/trigger2/src/cli.rs
+++ b/crates/trigger2/src/cli.rs
@@ -220,15 +220,30 @@ impl<T: Trigger> FactorsTriggerCommand<T> {
         //     LLmOptions { use_gpu: true },
         // );
 
-        // TODO: component loader
-        struct TodoComponentLoader;
-        impl ComponentLoader for TodoComponentLoader {
+        // TODO: port the rest of the component loader logic
+        struct SimpleComponentLoader;
+        impl ComponentLoader for SimpleComponentLoader {
             fn load_component(
                 &mut self,
-                _engine: &spin_core::wasmtime::Engine,
-                _component: &spin_factors::AppComponent,
+                engine: &spin_core::wasmtime::Engine,
+                component: &spin_factors::AppComponent,
             ) -> anyhow::Result<spin_core::Component> {
-                todo!()
+                let source = component
+                    .source()
+                    .content
+                    .source
+                    .as_ref()
+                    .context("LockedComponentSource missing source field")?;
+                let path = parse_file_url(source)?;
+                let bytes = std::fs::read(&path).with_context(|| {
+                    format!(
+                        "failed to read component source from disk at path {}",
+                        quoted_path(&path)
+                    )
+                })?;
+                let component = spin_componentize::componentize_if_necessary(&bytes)?;
+                spin_core::Component::new(engine, component.as_ref())
+                    .with_context(|| format!("loading module {}", quoted_path(&path)))
             }
         }
 
@@ -243,7 +258,7 @@ impl<T: Trigger> FactorsTriggerCommand<T> {
 
         let configured_app = {
             let _sloth_guard = warn_if_wasm_build_slothful();
-            executor.load_app(app, runtime_config.runtime_config, TodoComponentLoader)?
+            executor.load_app(app, runtime_config.runtime_config, SimpleComponentLoader)?
         };
 
         let run_fut = trigger.run(configured_app);
diff --git a/crates/trigger2/src/factors.rs b/crates/trigger2/src/factors.rs
index 9734718948..c1bd26a39f 100644
--- a/crates/trigger2/src/factors.rs
+++ b/crates/trigger2/src/factors.rs
@@ -4,6 +4,7 @@ use spin_factor_key_value::KeyValueFactor;
 use spin_factor_outbound_http::OutboundHttpFactor;
 use spin_factor_outbound_networking::OutboundNetworkingFactor;
 use spin_factor_sqlite::SqliteFactor;
+use spin_factor_variables::VariablesFactor;
 use spin_factor_wasi::{spin::SpinFilesMounter, WasiFactor};
 use spin_factors::RuntimeFactors;
 use spin_runtime_config::TomlRuntimeConfigSource;
@@ -11,6 +12,7 @@ use spin_runtime_config::TomlRuntimeConfigSource;
 #[derive(RuntimeFactors)]
 pub struct TriggerFactors {
     pub wasi: WasiFactor,
+    pub variables: VariablesFactor,
     pub key_value: KeyValueFactor,
     pub outbound_networking: OutboundNetworkingFactor,
     pub outbound_http: OutboundHttpFactor,
@@ -27,6 +29,7 @@ impl TriggerFactors {
         let files_mounter = SpinFilesMounter::new(working_dir, allow_transient_writes);
         Self {
             wasi: WasiFactor::new(files_mounter),
+            variables: VariablesFactor::default(),
             key_value: KeyValueFactor::new(default_key_value_label_resolver),
             outbound_networking: OutboundNetworkingFactor,
             outbound_http: OutboundHttpFactor,
diff --git a/src/bin/spin.rs b/src/bin/spin.rs
index 481f48d0c3..42e6539dcb 100644
--- a/src/bin/spin.rs
+++ b/src/bin/spin.rs
@@ -15,10 +15,10 @@ use spin_cli::commands::{
     watch::WatchCommand,
 };
 use spin_cli::{build_info::*, subprocess::ExitStatusError};
-use spin_trigger::cli::help::HelpArgsOnlyTrigger;
-use spin_trigger::cli::TriggerExecutorCommand;
-use spin_trigger_http::HttpTrigger;
-use spin_trigger_redis::RedisTrigger;
+use spin_trigger2::cli::help::HelpArgsOnlyTrigger;
+use spin_trigger2::cli::FactorsTriggerCommand;
+use spin_trigger_http2::HttpTrigger;
+// TODO(factors): use spin_trigger_redis::RedisTrigger;
 
 #[tokio::main]
 async fn main() {
@@ -136,10 +136,10 @@ enum SpinApp {
 
 #[derive(Subcommand)]
 enum TriggerCommands {
-    Http(TriggerExecutorCommand<HttpTrigger>),
-    Redis(TriggerExecutorCommand<RedisTrigger>),
+    Http(FactorsTriggerCommand<HttpTrigger>),
+    // TODO(factors): Redis(TriggerExecutorCommand<RedisTrigger>),
     #[clap(name = spin_cli::HELP_ARGS_ONLY_TRIGGER_TYPE, hide = true)]
-    HelpArgsOnly(TriggerExecutorCommand<HelpArgsOnlyTrigger>),
+    HelpArgsOnly(FactorsTriggerCommand<HelpArgsOnlyTrigger>),
 }
 
 impl SpinApp {
@@ -155,7 +155,7 @@ impl SpinApp {
             Self::Registry(cmd) => cmd.run().await,
             Self::Build(cmd) => cmd.run().await,
             Self::Trigger(TriggerCommands::Http(cmd)) => cmd.run().await,
-            Self::Trigger(TriggerCommands::Redis(cmd)) => cmd.run().await,
+            // TODO(factors): Self::Trigger(TriggerCommands::Redis(cmd)) => cmd.run().await,
             Self::Trigger(TriggerCommands::HelpArgsOnly(cmd)) => cmd.run().await,
             Self::Plugins(cmd) => cmd.run().await,
             Self::External(cmd) => execute_external_subcommand(cmd, app).await,
diff --git a/src/commands/up.rs b/src/commands/up.rs
index 87f5d61cf3..1b8afd1068 100644
--- a/src/commands/up.rs
+++ b/src/commands/up.rs
@@ -15,7 +15,7 @@ use spin_app::locked::LockedApp;
 use spin_common::ui::quoted_path;
 use spin_loader::FilesMountStrategy;
 use spin_oci::OciLoader;
-use spin_trigger::cli::{LaunchMetadata, SPIN_LOCAL_APP_DIR, SPIN_LOCKED_URL, SPIN_WORKING_DIR};
+use spin_trigger2::cli::{LaunchMetadata, SPIN_LOCAL_APP_DIR, SPIN_LOCKED_URL, SPIN_WORKING_DIR};
 use tempfile::TempDir;
 
 use crate::opts::*;