So, I heard from Fried. Wow, lots of things in the works over there! He has quite a few irons in the fire, though I'm not sure how far along they are at this point.
They really want to continue expanding the Lake People line as being a good choice for home users, rather than just studio gear. And they want it to remain (relatively) affordable. To that end there are at least three different Lake People DACs being discussed. A "deluxe" version which might be a trimmed down V800 with a simpler PSU. Then a "light" version which is more like an updated Lake People DAC C460 (yes they do have a DAC in their current line up). Then a "superlight" version which is even more trimmed down, maybe in the same enclosure as the little G103 amp. All Lake People DACs will probably have built-in headphone amps just like the current C460.
I asked about the V800 and there are some plans there as well. Fried is thinking of releasing both step-up and step-down versions, though most core circuitry will remain the same. The cheaper version would simplify the front panel to just have source selection and SRC on/off - no mute button and no choice of SRC type. This model would get the new 192kHz USB card which should be ready by the end of the year (available for retrofit to current V800 models). Then there would be the slightly upgraded model which has remote capabilities using an expensive motorized pot.
There are also some plans for upgraded V200 models but I'll discuss those in the V200 thread.