Heya designguru,
Well I am not sure, Daniel is on the road for work at the moment so I have not spoken to him recently - but if all goes smoothly it could be out within a matter of weeks (maybe less). I'm also working on other features such as Numbered Comments and template re-designs with better sliding effects, and trying to fix as many bugs as possible, and Daniel is completely redesigning the backend - not sure how far through he is but he's done a lot - but keep an eye on the CompoJoom blog of course, I may write a new article soon with detailed news on the next version and a roadmap for JoomlaComment 4.1