LineageOS 23.2 has been released, which is Android 16 QPR2, and now includes the new material expressive UI!
Test builds are in progress and I expect 23.2 to be the next monthly update in March for WundermentOS.
Updates are expected to be seemless with no dataloss, however, as always backups before the upgrade are recommended just in case.
All currently supported devices continue to be built for 22.2 with no changes expected in the near future.