Yes, it is dead. The game that i 100% hyped through 9th, 10th, 11th, 12th, and my freshman year of college was cancelled because INTEL felt it was a good idea to stop production of the best game ever almost made. However, the Engine is being used in this game www.firefall.com It is a heavily modified version of the engine, but this is the closest i will ever have to playing it (and this game looks awesome anyways, and is a totally free to play MMO FPS that actually looks like it will work).
Sam McGrath who was one of the founders of Offset Software has made a new company called Fractiv LLC and they have a website up but it is totally blank right now. I don't know if any of the other original founders are a part of the new company. I just hope they continue their epic fantasy FPS design.
Seriously, this was going to be one of the greatest FPS games ever made and they were implementing so many great ideas, then Intel had to come and mess everything up.
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