On the z-wave alliance website, there is News that a new version (4th generation) of the z-wave chip is to be shipped to device-manufacturers in 2011:
http://www.zen-sys.com/modules/Products ... 428f4723fe
I had some contact with the sales director at QEES who was kind enough to explain to me some of the differences between the current Z-wave chip (310-series) and the new 400-serie
Cheers,It has a lot of technical feature changes, which are not visible to the user in terms of functionality, but overall you can say that it is cost-optimized, has more capacity (can handle more devices) and has an encryption feature"
Olof