Hi Essey, thanks for asking 🙂
It was supposed to have been released months ago. As we are working on new additions, we also try to fix the bugs found in the previous Alpha version. We have one really annoying bug, that we can’t seem to get rid of. It’s a freeze that happens to only a few people while exporting png or jpg files. We want to have this fixed before we release Alpha 8. So it is hard to set a date.
New stuff is so far this:
Drop vector data option (to not have the lasso slowness problem. Huge!)
Scale option for movie clip export (export in, say, double resolution with perfectly crisp lines)
Save and use pen settings
Touch gestures on touch screen computers
Reset rotate view with double click
Stamp floating selection in all selected drawings
Many bugfixes and smaller improvements
If you want me to explain some of the above – feel free to ask. (But maybe you can tell already what they are about).