What is WordPress Theme Update API ?
WordPress Theme update API is a service which will provide automatic notification about theme upgrades on wordpressÂ dashboard.
Suppose you are using the copyblogger theme, and its author Chris publishes a new update to the theme, Theme Update API will give you a notification about the new version, alerting you to download and upgrade your theme. ( In future, automatic upgrade also will be possible, in the same we use for plugins now.)
When will it be available. Continue reading Theme Update API in WordPress 2.7