From the Waldorf site;
PPG Wave 3.V Beta test has just begun
19/07/2010: The new Waldorf PPG Wave 3.V is now in beta test stage. Busy testers will put the plug-in through its paces. We are very proud that one of our testers is mastermind Wolfgang Palm himself who invented the PPG Synthesizers in the 1970s. Here are some secret facts: Besides the well-known features of the PPG Wave 2.V our new plug-in offers sample playback based on the classic PPG Waveterm technology. We have added some nice stuff like an opulent effects section, filter drive as well as an extensive sound browser. Not enough? Well, what would you say if we added the complete Waveterm B sample library and more than 130 wavetables (a lot of new stuff created by Wolfgang Palm). We can't wait until the PPG Wave 3.V will come to the retail shops this summer.