There is loads of information about the game and many videos demonstrating what has been said. What is not clear is if they still have the money to finish it. For my tastes it seemed to focus too much on it's combat system (If it is not twitch-based, it is not worth making the game revolve around it for me.) which seemed rather dull. Just because they aren't posting much on their news section, does not imply they do not post in their forums.
I would also like to quantify that I am not much interesting in this game due to it's tedious and seemingly all-consuming 'combat' mechanisms, (I am interested because I could yet be proven incorrect in my judgements and that I did follow it for a good two years with interest before.) if it launches or not does not make much difference to me, I just disdain this 'common sense' mantra when discussion things. Over-simplification is rarely good.