It got mentioned, although it was somewhat briefly, in the
Kickstarter thread I started just before the mad rush of projects following in the wake of Double Fine.
The problem preventing me from backing it is that this isn't for one solid game - it's for a new development cycle that will allow you to help support a couple of games that have yet to be decided upon.
If I knew, for example, that they were making a Grey Matter 2, I'd back it. But that's not a definite - it could well be that my money goes to help them develop something I don't want in the least. And given that I'm supposed to be saving money for a holiday, I could put the money towards something that I actually want (selfish as that may sound) rather then have it invested in something I don't.
I wish the company, and Jane Jensen, all the best, but with so many other Kickstarter projects competing for my moolah, I need more than a possibility for something before I commit with my hard-earned cash.
Also, if I back it and they do make (for example) Grey Matter 2, I'll get it as a reward for backing. If I don't back it and they make GM2, then I'll probably buy it. Somehow, I'm OK with that compromise.
EDIT: Should point out that the vote to decide which game will be made is being held this weekend - the 14th and 15th of April - while the Kickstarter drive ends next month. So it could well be that Grey Matter 2 is indeed the next game they make. If so, I'll probably end up backing it!