Release 5.2 is now available with the SELECT ... INTO syntax supported.
See our blog article about the 5.2 release.
This is being developed for VistaDB 5.2.
We have it working for 5.2 but I don't have a ship date for 5.2 yet as we have a number of other features we're still working on. If you need this right away we can provide a beta version if you'd like - just submit a support ticket and we'll send you a download link.