We have been assured by the owner,
HERE, that the update WILL be forthcoming and released in the not-too-distant future; c. 1 to 2 months. So, I wouldn't be throwing up your hands at this point as if all is lost. There are still quite a large number of customers using UBBThreads. It is a notorious mistake to judge the quality of a product or the health of a software/hardware company from what is posted on a user forum. Most often only a very small minority of people are active on such forums, many just 'lurk' and the majority don't even know they exist.
