Depends. If gumdrop is as lazy as his posts seem to indicate, then yes, an update will be weeks away. (What the frak did he need the new hardware for, considering a 4 year old would be faster than him with all the good stuff he bought)Am I right in thinking this update is still at least a couple of weeks away? Realistically going on current time per update, this could possibly be the last update this year. Honestly, saying that in August is absolutely insane.
On the other hand, if gumdrop is the lying ... I believe him to be, then the update is already finished and he held it back to see how long he can milk the audience without patrons going angry. If that is the case, we´ll see an estimated update on weekend with gumdrop pulling another assinine post out where the sun does not shine why he is king and suddenly was able to speed up.
If what araboobs a few posts back wrote is correct and his support is finally dropping, then I am sure it will the initiative he needs badly. Personally I think gumdrop now has to be careful, he massively overstretched any goodwill he had in most of the fanbase, patron and pirate alike. Now he must deliver soon or his patron base can implode. Trust lost is very difficult to regain and gumdrop in the last months excelled at finding ways how to torpedo it.