I have the greatest respect for Jim Collas. Under difficult circumstances he managed to get Gateway interested in actually doing something with the Amiga name and technology they had acquired. He was enthusiastic and managed to get a lot of PR interest generated for the Amiga MCC. It always appeared that he was fighting Gateway to stop them turning his pet project into something else, and occasionally it would show through that Gateway got their way, as little pieces of Amiganess slowly disappeared, shortly followed by Collas himself.
Don't forget that he was responsible for OS3.5, and although it was contracted out, it was a nice gesture towards "Classic" Amiga owners and perhaps somewhat ironically ended up being the only Amiga-related product they released.
I doubt the rumours are true, but if they turn out to be, I for one will be very happy with the news. I can't see him keeping a low profile, so the truth will not take long to come out.
Chris