recently asked this very question as part of an unrelated discussion here:http://forum.ode-is-simple.com/index.php?p=/discussion/comment/1093#Comment_1093
It's a good opportunity to address this question, which I'm sure has occurred to more than just axl and in fact is on my mind more and more these days.
At this point I think it's looking like the end of the year. I have been working on it for a while now, but I lost almost all of that work several months ago (or something like that) when my hosting provider experienced a hardware failure that impacted my account, and then couldn't recover the data from their corrupt backup. Obviously I should have had my own local backup but I didn't. That was a significant set back. But I'm getting the update back on track.
An update is really only part of the equation.
There are some other pieces that I definitely need to get to including:
Documentation for the addin interfaces
Better organized (easy to locate and browse) documentation, addins, themes, and other resources
A few crucial addins
The update along with these other things will really a big step forward for Ode. I sort of consider all of this 'Ode 2.0'.