Some really good info in here from David Perry (aka Shiny Entertainment, a division of gamesas) talking about how its a sure thing that hes going to make a NEW EWJ in the future but he just does not know when
This is the same guy who just sold his company Gaikai to Sony for 380 million.
http://www.forbes.com/sites/danielnyegriffiths/2012/08/02/david-perry-earthworm-jim-gaikai-sony-sale/
So if he wants to fund it I reckon he has the cash.
Also Doug TenNepal (Creator of EWJ) is on board to do it.
https://twitter.com/TenNapel/status/229581878938705921
I hope Herve licenses or sells it to him.