I hadn't seen this before. It's old, as it still anticipates a 2011 release of the game, but it has some nice images!
I guess I'll add it here, since this thread hopefully has a collection of all known information regarding the game for anyone who checks it.
I've been signed up for the e-mail notice for around two years now, but I've never received anything. Has anyone else signed up for the notice and actually received something?
Also, it seems that some people are still anticipating the release of the game in October or November. However... the game seems to have been removed from the project list on the Morgen Studios website.
Every time I see images of the game, I think of how cool it would be, so I hope that it's still in development!