IGN posted a little preview of his game today and it has been pushed back to 2012.
Link
http://pc.ign.com/articles/115/1153882p1.html
Actually he is working on a new game, which doesn't seem half-bad. Obviously not close to Skyrim, but still seems like a decent open-world fantasy game. (compared to trash like 2worlds and gothic4)
http://pc.ign.com/articles/115/1153882p1.html
http://pc.ign.com/articles/115/1153882p1.html
Oops :toughninja: