Yes, there are a lot of chips/functions that he could improve: Audio/graphics/USB/Internet/Clockport speed/HD speed/Chipram...
I guess he will only update the cheapest solutions and/or the ones that need something he's actually selling or he is planning to make.
BTW Mallorca is funky indeed
Edit: BTW if you want to play some funky music on your miggy, you just have to run AKReal with a 030 and a MAS player to listen some of the radio streams. That's like being in Plaza Gomila, saturday night
...LOL... The 8.5 update will be the funkiest of all.