Don’t know a lot about it yet except that it’s due out November 2011. You can check out a sample PDF here (OT and NT samples):
So far it looks pretty good. I don’t really use study bibles too much, but this is one I will probably get and recommend for folks to use.
I hope the new update lasts a while, but with the recent SBC resolution to discourage its use or sale in Lifeway bookstores (even though the had stacks of them at the Lifeway store here in Renton, WA) I wonder how things will turn out. I think the fuss over it all is a shame and a blight on the American church. I think is much ado about nothing and is really an unfortunate distraction from the primary mission of the Church, which is the preaching of the gospel to the ends of the earth and the discipling of all nations.
Feel free to let me know what you think of the new update!