Its been coming soon for what two-three years now. I wouldnt bet on that deadline given past performance on getting this out. Dont get me wrong I would like to see it. I just suggest not counting your chickens before their hatched.
Not to mention it uses the FATE system. Hwarf!
Besides, as stated above, they are sticking to a Palladium-esque timetable. Very KS like actually. "It's gonna be the cat's ass...blah, blah...sokewl...blah, blah...back burner because we bit off more than we can chew...canceled indefinitely...no I haven't been lying to you for the better part of 3 years..." So, I'll believe it when I see it.
Too bad, it would have been my first choice of IP's as well.