I am an engineer myself (ie the sig ), and it seems to me that hooking the morphing feature throughout the entire Kemper system is likely a fair amount of tear up .... thus the delay in delivery.
On the flip side, adding new delays and reverbs should be a much more isolated task ... ie, it doesn't run through the entire code base, but is instead limited to a specific section which is already designed for expansion.
This may not be true for the delay's though. There must have been some reason that the delay was originally limited to a hard coded single slot on the device.
The verbs should be straight forward.
I would think that the entire upgrade (morphing, new delays and new verbs) should be possible before Christmas.
I'll take that as my Christmas present from CK!
As far as the timing goes, remember, this is a complex product. Ripping into the code base for something like Morphing requires tons of validation. And lets face it, no one here would want the new version if it locked up during a gig now would we?