Not really. As reported by MaxConsole, the psuedo-celebrity programmer is currently taking exams, delaying progress on 3.50 OE. Supposedly, Sony has also made the latest firmware a bit more difficult to work with "because SCE changed the prx format those are now elfs marked as 0 sections. This means that current tools cannot disassemble those and thus it will be harder to reverse." Hmm ... sure.
Gamers that rely on Dark_Alex's open edition releases will have to be patient for the next release. However, considering the latest update focuses mostly on PS3 connectivity, will these release matter much for the homebrew community?