Well, there
was a 1.5 release that had some pretty nifty upgrades.

And it was free!
But it is also important to realize the difference in the size of the companies. FXhome has only a precious few programmers, while companies like e-on and Adobe have hundreds. In the last 2 years, FXhome has doubled their staff in an effort to expand and have more updates. But remember, these few programmers are responsible for 3 full-featured VFX apps, 2 photo apps, and 2 AE plugins. As for why Photokey is updated more often, it comes down to the simple fact that it is an easier app to update (since its main job is to key out backgrounds, a small facet of VL), so it has a quicker cycle than an application like Visionlab.
Also keep in mind what would encompass a full 2.0 release of VL, EL, and CL; Users would expect great new features, engines, workflows, design changes, upgrades to existing features, etc. FXhome has to first conceptualize these changes, then actually work on the coding, and beta test extensively before the release - and that is for 3 separate products, all expected to be released simultaneously. AND that is on top of all of the other support patches, general optimization, and updates to all 7 major apps (included the Lab range). And again, not a lot of programmers...
On the upside, Tarn has continually hinted that 2010 will be a big year for FXhome, so it seems the wait should just be a bit longer.
