ok so this will tell you guys whats going to be in the new update....
Central City(from DBZ)(Chosable HomeTown)
Rukon District(Bleach)(Chosable HomeTown)
Yammy Clan,
Remove(Sound,Waterfall,Snow,Star,Grass Villages),
bug fixes,
Kenshin Himura (Sub-Clan),
new Bankai System,
and hopefully much much more to come.
Approx time for Upadte: depending on how the Training system is maybe 1-3 days.