Larger but less frequent updates. Then you have a chance to get a high-level character without cheats. And enjoy many mods compatible to current version.
However, it would be nice if developer or someone could tell about the progress once a while in forums, at least once a month, like "Started to make two more features. One major feature is not yet working, we'll try to get it work later. There is one minor feature done, but it willl be released with other features in the next version. Don't worry people, we are on schedule."
And I personally think that anyone, who sends PMs like "when is the next update?!", "what new features??" to developer, should have X day posting ban from spending developers precious time, which could be used for developing. Messages like "I love ya!" "me love M£B!1" could be sent to introduction/hello thread and/or update announcement.