'IS the team at Cakewalk planning on releasing more themes?' Yes.
Since I don't have Splat, my guess as to why Tungsten lost colored strips is, X1 & 2 use "painted" strip backgrounds. X3 uses transparent strip backgrounds to accommodate the new colored strip feature. Tungsten must be using "painted" backgrounds like X1 & 2 making colored strips inoperable.
It's fair to say that the X series was not originally designed to support all this color and theme changing. As a result, there will be compromises we will have to live with.
To make the X series GUI
fully customizable, they will need to re-engineer it from scratch. And that won't be happening anytime soon.