It is out, the latest version of Band in a Box. I took some guesses at what might be new in this version, and sadly, it looks like only two were put in. And that one was kind of a jest suggestion on my part.
From PG Music.Com
RealTracks. With the previous release of Band-in-a-Box, we added RealDrums. Now we’ve added three additional “Real” instruments, including Real Pedal Steel, Real Acoustic Guitar, and Tenor Sax soloing (RealSax). These tracks replace the MIDI track for that instrument, and can be controlled just like the MIDI instrument (volume changes, muting etc.). Best of all, they follow the chord progression that you have entered, so that you hear an authentic audio accompaniment to your song. These are not “samples,” but are full recordings, lasting from 1 to 8 bars at a time, playing along in perfect sync with the other Band-in-a-Box tracks. RealTracks can be built in to the style, and would replace either the bass, guitar, piano, or strings part, or they can be generated to the Soloist (or Melody) track using the Soloist feature.
Band in a Box starts the process of leaving its roots, and becoming more like a really bad GarageBand. In GarageBand, you can graphically create songs, preview the loops you are going to use, and then put them together, graphically. Band in A Box (BinaB) is becoming the MS-DOS version of GarageBand. You type in the text you want, then it will generate the loops for you, rather than doing it graphically.
I’m sure it all sounds good, real people playing beats midi usually.
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