I have a bit of an update:
Philips Conmsumer Relations Dept. told me today that April/May is the anticipated release date for the second generation PC DVD+RW drive. (They also told someone else May).
They also told me that they will hopefully post a definitive answer one way or the other, concerning the DVDRW208 DVD+R issue, on the Philips web site before CEBit in March.
I was told they are still working on it at the moment, so they can't say one way or the other yet.
At least this was a good answer, and much more helpful than tech support, although I am sure tech support was only relaying what they know.