-The latest we have heard is spring 2005. In other words: yes, it has been delayed again!
-System Requirements?
-Well, we're are 99.999% sure that Windows will be required. The 0.001% is if a meteor hits earth, causing armageddon. As for definite requirements, we will have to wait to closer to release and see.
The latest we have heard from Gas Powered Games though, is 800MHz, 256 MB RAM and a 32MB RAM video card.