It's been some time since now former Boston Red Sox pitcher Curt Schilling announced that he was forming 38 Studios, a game development company that is working on a fantasy MMO game with the code name "Copernicus". Since then the game itself has stayed mysterious while 38 Studios made a major acquisition this year when they bought the development studio Big Huge Games from publisher THQ.
The Boston Globe web site has an update on what's going on with the company. The article has an actual target day for the release of 'Copernicus" saying that 38 Studios is targeting December 2010 for its tentative release. However the article also points out that any AAA MMO game needs a ton of money to develop it to completion. So far Schilling has been the company's biggest investor but has failed to attract any other outside investors to help out.
Update: Our sister site Joystiq has received official word from 38 Studios that the release date mentioned in the Boston Globe story is incorrect and there is no set release date. However, 28 Studios is planning to finally release details about the game sometime in 2010.