I think he means deluded in thinking they can ship on time. The upgrade modules were over a week late after only asking in bitpay when the spot was $300. That was annoying. We seen a bull run forming. They should've just waited to collect funds until they were ready to ship.
They can't wait until they are ready to ship to collect funds, they need the preorder money for NRE. Anyways, I see no reason to doubt that KNC will ship in time. My last order was delivered within promised time and not a single order was more than 2-3 weeks delayed afaik. And this time the promised delivery time is so vague that they have three whole months of slack to account for delays, and they also have more experience now. I'm very confident that they'll deliver in a timely manner.