Are there any new updates planned or a newer version or Worms in the works for the X360? I love the game and want more content.

As far as i'm concerned, no. I haven't heard anything, and also in the update progess thread nothing new since september has been posted...

As for a new X360 version... maybe... spadge announced 2 new X360 games, one that is to release in Novemeber 2008, but he hasn't confirmed what games they are yet.