It is hard to say. I was working on mainly on Cursor Editor last year and Icon Editor and Photos are being updated right now. So, there are not many new features ready for Paint right now. The only major change available is the redesigned creation wizards and more user-friendly clipboard and undo handling. In my opinion, that is not enough for a new version.
Once Icon Editor and Photos are done, I'll get back to Paint.COM and if I manage to add something significant, there will be a new version.
