Hopefully soon we'll get an announcement like this. Removes the Single Point of Failure, plus multiple people working on a team would help speed up the development of the mixing service and other features (like PoP) before our anon/zerocoin competitors. Not only that, restored faith in the coin would it increase the value of SBC x5-10 overnight, and in turn a re-energized Stablecoin community would be able to fast-track marketing efforts so we can get SBC on more exchanges and accepted as currency in more places.
We know a lot of you have been wondering what happened to the lead dev. Yes he's alive, and yes, so is KittehCoin. However, some changes have been made: due to several factors, the least of which being a greatly increased workload and potentially increased public visibility of the lead dev, the KittehCoin team has been expanded and restructured. This is actually GREAT NEWS for KittehCoin, as it means that several bitcointalk.org members will be working on the project continuously, rather than just one individual.