Postal III was almost definitely dead. Their website was only getting more schizophrenic. Announced back in 2008, I can't say it's ever looked very likely to be as exhilarating and ground breaking as its prequel, but I'm trying to hold the faith, and screens of badger-guns help, as do new videos.
They're pretty crazy. Also required viewing is this bat shit insane dev demoing the game a while ago.
Emoticon