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The next version v0.0.5 of matlab2tikz has just been released to the wild.

The script has undergone significant changes in large parts and can now deal with more MATLAB® plots than ever. For example, support for zplane plots and frequency response plots has been added. Also, thanks to verbose user input, a number of bugs with existing functionality has been fixed.

New command line options are:

• silent (boolean, default false): be less verbose with warnings.
• imagesAsPng (boolean, default true): when plotting images and color bars, create a PNG image that is inserted into the TikZ plots instead of imitating the image with little rectangles
• minimumPointsDistance (numerical, default 0.0): Minimum distance for two points to be plotted separately. Can be used to artifically reduce the number of points in a plot.
• extraAxisOptions (cell or char, default {}): Extra options that will be appended to each axis.

For more info and downloads, see the matlab2tikz page.