Warlock of Lust update this month
In this month's WOL update, the island content will be integrated into the main game. It will not be much bigger than it is now - you will just find the ship and repair it. You will also discover the secret of the storm expanse. The idea is not to spend too much time on the island and return to the main quest as fast as possible. 
There will be some new island content. More scenes with Mona, Kara and some for each of your party member. You will be able to have Elaine on the island too (which was previously not possible). The release is planned to be out in a few days.