The new version is taking longer than originally forcasted. And that's basically it.

They've confirmed repeatedly that BV is still in full swing and are on the verge of releasing a major update. They asked the community for models etc so as to squash any bugs before release and have advertised for more staff.

The developers feel they've been forced into a position of silence now which is a shame but understandable given the uncivilised nature of the complaints.