UTV Ignition Games has announced Magical Drop V for, so far, PC in late 2011, "with additional platforms being announced at a later date." Random, but we'll gladly take it.
We also have a teaser for remixed music and some mysterious, "never-before-released gameplay mode" to go on. Also, it's being developed by Golgoth Studio -- yes, the very same dudes working on remastering Toki with mind-blowing art.
Magical Drop has always been one of those series that I'm terrible at, but still have a roaring good time with regardless of my inability to play well. I expect nothing less from this new installment.