I did communicate with s2inprogress when he first made his intentions known. Those of us who did talk to him (as I'm positive I'm not the only one) are not sharing his plans out of respect since he asked us not to. But it has been about 5 months since any word on the progress.
AFAIK the only thing holding this kit back is that him and his friends have not been able to start up their garage or if they did then they are to busy and this needs to be put on a back burner. One thing that should be said though about the cost though is that ONLY includes the custom subframes, you have to source the jag parts yourself. Nonetheless if this did come into production it would be a very affordable AWD kit.
s2inprogress get your ass in this thread and give us an update.