We haven't had an official update since the New Years one.
As for refunding, I'm not sure, the way IGG crowdfunding works, that refunds will be offered. From a post on IGG:
Knowing them, I suspect they would issue refunds if they couldn't deliver, but honestly crowdfunding doesn't even require that. As IGG likes to point out, it is an investment without a guarantee. I'm not worried. I think they will deliver, but may not be able to make the target of March. I'm willing to be patient once more.