I heard they showed a preview of it at the klik convention. I think they're releasing it within 2 years. Dunno for sure; I couldn't go to the convention.
well if good ol' clickteam take their time then there will be less chance of any horrible bugs in there.
but to be honest im still happy with the games factroy so they can take their time. Well as long as they dont go bust in the process.
Just remember - Clickteam doesn't like giving out set-in-stone release dates for new things. Over the years if you've watched the Clickteam forums you see a ton of different threads pop up by rabid users going "AAAAH I CAN'T STAND IT ANY LONGER I MUST KNOW WHEN XXXXXX IS BEING RELEASE!!!!!!!!11" (and other subject titles of the like). They want to get the stuff right without it all buggy and crashy, y'know, so when they think they have a set time to release it and then have to push it back because they found more bugs to fix and more ways to stabalize the program the rabid users conflict with Clickteam's desire to release a good program. If Clickteam jumped the gun then we would have something much much worse than when MMF1 was originally released.