Not exactly correct. In addition to the 4 x DHC8-400s already in the fleet at the time, a firm order was placed for an additional 17, with 20 options on top. The fleet is now at the 17/21 point, and an annoucement is due on the 20 options "...by the end of the winter season." which ends March 2005.
With regard to EMA and MAN bases, I would say with some confidence that MAN is a definite no, and EMA highly unlikely given its proximity to BHX. However, that is not say that there won't be any Charter ops from there, but any Scheduled ops would, as with NCL, have the aircraft originating elsewhere.
I guess the decision on the 20 x DHC8-400 options is awaiting the primary decision regarding 150 seat aircraft. What is a little surprising, given the steady rise in oil prices, and the excellent fuel economy and performance of the 400, is the plan to retain 10 - 12 146s. If the 150 seat decision went in favour of A319s, then A318s could also be obtained to cater for shorter strips such as SOU, giving the big advantage of common type-ratings.
Overall, there is a plan, and it seems to be working very well.