Just some clarification for the original poster's comments.
1. The support license grants you to access for all the paid support forums and automatic updates (via WordPress Backend) for the premium version of Event Espresso for the duration of your support license (one year).
2. The FREE version of the plugin can be updated via your admin pulling from either the EventEspresso.com site (with a FREE version license key - that is, yes free of charge to users who register on our site for the free level - repetition intentional) OR, if you'd rather not get automatic updates coming from EE.com you can STILL receive automatic updates for the free plugin from WordPress.org by just not entering a license key.
3. The Event Espresso release cycle is we try to generally do a feature release once a month (but it's averaged about once every 1.5 months) and in between those we do hotfixes for bugs that affect users of EE. Man I wish we could pump out updates as fast as you describe! :)
So I hope that clarifies things.
Oh one more thing. Within a couple feature releases we plan on updating EE so that you can update from the free version to the premium version by just entering the premium license key and hitting an "Upgrade" button. That will get rid of one of the few times you currently have to FTP Event Espresso on to a server (when installing the premium version for the first time). FTP is sooo dang slow, and its always been a pain point for us too that customers have to do that, so we're excited about getting that update out.