I do not know when it will be released, but I am releasing my Third Quest Attempt soon. I may be out of time for the contest, but you can expect a major improvement from what you saw. The color of the levels are the only things that are known. Here are the Levels and the color it is:
Level 1 - Turquiose (Water) (Boss: Aquamentus)
Level 2 - Green (Water) (Boss: Manhandala)
Level 3 - Blue (Lava) (Boss: Digdogger, 3-kids)
Level 4 - Teal (Lava) (Boss: 3-Headed Gleeok)
Level 5 - Green (Lava) (Boss: Red Gohma)
Level 6 - Gold (Water) (Boss: 4-headed Gleeok)
Level 7 - Gray (Water) (Boss: Blue Gohma with statues firing)
Level 8 - Gold (Lava) (Boss: 4-headed Gleeok with statues firing)
Level 9 - Gray (Lava) (Boss: Ganon with statues firing)
You can expect it either August or September. Red and Blue Wizzrobes make their debut in Level 6 (wait until you get into Level 8, they formate between Vires and Zols). No wonder why I get the easier-enemy color levels done with. It's your standard third quest. Don't expect to find Level 1 two screens west. You must venture north to reach Level 1.