I am also very interested in an update on this tool as well. As a City entity running an Enterprise database, we have over 600 objects in SDE. The notes on the previous versions mentioned:
"The ArcSDE Privileges View provides a report of user privileges on a selected
Geodatabase object (Table, Feature Class, Feature Dataset, Raster, Raster Catalog)
or on all objects within a selected Spatial Database Connection."
Since we have so many feature classes, I was hoping to get the "selected Spatial Database Connection" option, which sdetable -o list_grantees does not provide.
~Michelle