Client Update will be released in the next 2-3 days, I just have a few small changes to make to the .spr and .dat before it's ready.
Also, if you own a Wand of Inferno, Cosmic Energy or Hailstorm rod you can Use the wand to change its type between the three. This is part of the new wand system so don't worry!
The major update is almost ready, only map changes and some small scripts are left to do. This update will include new spells and removal of 99% of the spells that have no real purpose right now.
Expelliarmus - this will cause your opponent (if player) to either have their wand put into their backpack or dropped on the floor below them. A very useful pvp spell.
The new arena, including team wars, will also be available in the update. You get to choose which team you are on, Aurors or Death Eaters, and battle your way against opponents. There will be tournaments so get making teams of 2-3.
Automatic events are also in the works, such as Quidditch (99% complete) and Lotteries (hosted by the Ministry of Magic).
There are so many updates coming I can't list every single one, but I hope this teaser of what's to come will stop you moaning about "omg it's not custom, it's so boring" and crap like that