I'm wondering the same thing, would be nice to have an official word on this :).
I do understand that it's a massive project to update a VM 1.x extension to support VM3 and it'll most likely have to be re-written from scratch, however, there aren't many business reports tool available for VM3 (perhaps none?) and we really need one :S. And I know you ARTIO guy know your things so it would be great to see such thing released from you :)
Cheers
Peter