CDT 3.0.2 will be released January/February 06 and will contain mainly bug fixes.
CDT 3.1 is planned to be released at the same time as Eclipse 3.2. Current plan items are here. This release of the Callisto simultaneous release that involves the Eclipse platform, the CDT, and eight other projects.
CDT 4.0 will be released in the summer 2007. This will be a major release that will feature better multi-language support, project creation templates, amongst other improvements.