Guys keep in mind when Studio 3 is mentioned I think you are getting it mixed up with the 3rd ANV. I just talked to Jack who filled me in on what's going on. Firstly the Studio V 3rd ANV has been a big hit for them. The unit had been discontinued initially but with so many inquiries about ordering it they decided to continue making that model in the meantime. They are also gonna produce the second generation Studio V in a smaller packaging and offer that as well at a slightly cheaper price.
Regarding the new Studio model; he said it would take about a year for them to complete the new model as they don't want to rush the product out to market which honestly is at the benefit of us, the consumers. So patience is a virtue :). They are also gonna be releasing 10 new IEMs. Some of them aiming at the high end segment so we'll see how that fares. I've been pretty impressed at some of their IEM offerings considering the price points and the sound to performance ratios.
All of that pretty much supports what I said earlier. They need to focus on releasing few polished products instead of pushing new products.