well I understand the frustration with all the pre-announcements...but I have a great solution to that one...stop following them.
As a matter of fact, this thread announcing the failure of the project...is the first I've heard of the project, so I'm in no way disappointed.
But also, along that same line of thinking, if someone made me guess, I would say this project was always some nerds pipe dream.
Thats not personal, because I know nothing about the person, or the project...its a guess based upon the many projects we've seen. Announce a project, and you'll be a celebrity for a little while.
The fact is, it truly isn't this chancy, random, speculative or otherwise difficult to put out a project. If you really had the chops to do it, you'd do it. If you failed, its because you really weren't ever very serious or likely to do it...let it be a lesson to the next one...keep your pipe dreams to yourself.