There is no reason to suspect that the development has been canceled or frozen. The game was far a long. Speaking from experience, they are probably polishing it to make it the best game it can be. the development studio is from Russia and the game is published by Chilingo.
This is probably what it is, Chillingo do thorough QA from what I remember. It'll be out when it's slick as a wet dog.
The video shows those horrible spike road block things. My number one complaint from the original. At least tell me you got rid of the juggling in air they use to do?? I would jump and accidentally land on one of those spike road blocks and that freaking thing would juggle you three or four times and you couldn't move once you started bouncing on one so most of the time it would auto kill you. PLEASE tell me thats not the case with the new game. If you never had it happen in the original then you must not have played it as much as me. CURSE YOU ROAD SPIKES!!
Oh I know, I freaken hated those things. But I am still looking forward to this game, I love the artwork
Sucks there hasn't been any news on this, even though jaguard said they would release a game "this month", which was in June...hopefully its coming soon.