Even it does get released, they better have some new & great features or its going to suck anyway. There was a ton of engines already built since V2 that a lot of people are interested in now.
The owners of MC-Codes are idiots, they had a solid client base and could of kept pushing new versions every year and kept the money rolling in even if the new versions wasn't the best on the market at the time. I am sure a lot of the clients have done moved on by now. GL, NWE, ect. Or even graphical engines, html5