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I don't think a reprint is on the cards, some of the pictures are incorrect and quite a few species have since been described. It would need to be a complete revision which would take some time I would imagine.
Cichlid Atlas vol1 is outdated material in term for identification purposes. I have both Vol1 and 2 and they hardly ever get used nowadays (still in mint condition). The value in Vol.1 is in the first 200 pages which discuss about identification key, Uwe's experiments, field studies on various subjects such as population densities, habitat studies, etc. One of the best sources for Apisto is Martin and TomC website which contains recent articles from Tom C and Mike Wise and none from Uwe Romer. Maybe I should sell them before they are worth less than the paper they are printed on.
I think you're being a bit harsh, there. True, there are several mis-identified species, but that is true for all of the d.c. books. Volume 1 is almost 15 years old. A lot of new information has appeared since then. If you want to complain about poor IDs, you don't need to look any further than Aqualog's SAC II. It had about 10-20% of the fish mis-identified when it was new! I find Uwe's books useful for his ecological studies and photos of fish in different emotional states. I do feel the identification key and phylogeny parts rather confusing, often not logical at all. I think Tom's site is great, but he has the advantage of being able to quickly up-date information. Once a book is printed, it's hard to change it.