Bill Kendrick writes "John Gildred, CEO of Indrema, participated in an Indrema IRC chat today and gave folks a much-needed update on the L600 console and the company's current state off affairs. Unfortunately, the Big Bad Recession is hitting them as well. John says: "We have experienced our share of dry spells in this difficult economy lately. The situation has not improved. The reality is that we have one last chance to turn it around. There is a plan in motion to obtain interim funding, but [then] I will not have a conclusion until end of this month or early next month." After the update, we had a Q&A session and he mentioned the CPU is now spec'd at 750MHz, and will use a GeForce3. And if they do go belly up, they'll probably release a lot of their code as "LGPL or the like." I've already got his update online at my Indrema fan site."