Well Jim said in that interview with the space quest guys a few months back that he was gonna come out of retirement and sure enough he's back!
Looks like a very interesting merge of modern cartoon style (with almost a dark gothic comic quality) graphics with old style police quest gameplay..
even if you're not a police quest fan you should watch the pitch video as they do a good tribute to sierra there http://www.kickstart...ctgame/precinct
UPDATE:
Jim has moved his game from Kickstarter to their own fundraising site
http://fund.precinctgame.com/