The long wait is over. Almost 2 years waiting for this update has passed. Today about 1h ago the update arrived. It will bring the console version up to speed with the PC version. One problem: The game crashes every time it starts converting players. Anyone else have the same problem?
Update from Pipeworks;
Legacy Save Conversion: We're aware of a bug that is preventing you from converting your saves. Please note that even after conversion we create a untouched backup of your worlds. DON'T delete your worlds. As soon as we have a fix implemented we'll let you know.