Ignition has been silent about Magical Drop 5, other than a recent assurance that it would be ready by summer. That's why we were relieved to see this update from developer Golgoth Studio, stating that "Magical Drop V Beta version was approved by the Publisher UTV Ignition! So we are now on the road to the Master version!"
Once again, we have word that it hasn't been canceled, and that Ignition is still publishing it, despite being oddly quiet for most of this year. Golgoth promises more frequent updates from now on, as well.