Ok, as much as I want this shit show to fail, never materialize and forever be mocked I dont think its gone yet. So for the last few years Crunchyroll has been throwing a convention in my side of town and I suspect that they might be putting some kind of a reveal regarding this project this year.
I think they might do some kind of short 3 or so episodes...and then start begging on kickstarter.
Being the weeb that I am I might head over there and keep an eye out for things related to it..well, and see if I can get an autograph from Junji Ito.
Also, the producer of "rising of the shield hero" will be there, it might be worth going to his panel if theres a Q and A session and see if the poor guy gets harassed by blue hairs.