I got this game nine days after it was first released and have been avidly playing and enjoying the heck out of it for over a year and a half now. I have seen a number of updates since and I can tell you that updates change and add things but don't necessarily make the game more fun. It's a great game as it is and I don't much care when or if the next update arrives.

I get tired of all these clowns avidly awaiting the "eminent" release of the Mistlands for the past six months and their constant pissing and moaning about it. It's non-stop, "♥♥♥♥♥, ♥♥♥♥♥, ♥♥♥♥♥!" and I'm sick of the talk of it. I tell them, "If you think it's so easy, why don't you go write your own game and show them how it's done?" [/rant]

So anyway, there is no reason I can see for waiting until the game is finished. As others have pointed out, that could be a very, very long wait when you could be having a lot of fun with it now.