Actually there's another thread on this same subject that I've been following. Evidently there is a new version of WLM, but it only runs under Win7 and Win8, and I'm running Vista. I've toyed with the idea of upgrading this machine to Win7 (never to Win8!), but am reluctant to tempt fate, as Vista's been running flawlessly for me for some years now.
Here's a link to that other thread, where you can read Microsoft's announcement (with minimal fanfare) about a new version of WLM: