Yes and no. I supported this a while ago, and I admit, I wish I could give them more money, the game is great and I love the mechanics (I just wish there were more ships to play with, and that some of the ships already in the game could be implemented). However, I also know that no updates for months (and months...and months... and months) forces the gameplay to become stale, and every possible update has to somehow wow the player again.
there is still a LOT to do, but at the same time, we can't actually see that the work is being done.
I am a skeptic for any game that I support. I don't trust the developer until a product has been delivered (watching both indy devs and AAA devs deliver half finished garbage over the last four years has destroyed any hope of trust).
So, yeah, until I see progress beyond a blog post, I assume that nothing is being done. Trust me, I want this game and I like the dev, but I don't trust him.