There is no rumor that TvsT won't come out... I am still involved in the project, doing some stuff for Lighthouse under NDA currently. I think they would have told me something if it was to be cancelled...
About the "lack of game offerings":
Trust me when I say that we, the former external TvsT test-team are equally frustrated. Why? Because we had a wealth of renowned simmers from the community drawn to help polish the game and to suggest and help implement wanted and needed features to get the game we all desire. We're all simmers, after all!
Whatever the IDDK/G5's reasons were to not implement our ideas, wishes and suggestions to the degree we had hoped is beyond the scope of this discussion, but the resulting "meat" of the game is not what we, the "simmers gone testers" had in mind. And I am sure I speak for all of the testers involved.
What we got, however, is a sim that is already being sold in Russia in a state that IDDK saw fit for that particular market. Period. A WWII tank sim that a) is moddable b) comes with multiplayer and c) has a very potent map/mission editor available.
I am not actively following the Russian discussions going on (lacking the language skills), so I don't know how active the mission-editing/modding scene for TvsT is, but I do know that one of our former testers is very capable of creating maps for SP and MP.. so it can be done.
What is planned for the western market I don't know either, but I trust that Lighthouse will iron out more bugs, polish the game some more and hopefully add more content down the line.
Just as a reminder: TvsT supports TrackIR, Multiplayer (Team and Free-for-All) via GameSpy or DirectPlay, there is a powerful mission/scenario editor available and it has some fancy Speedtree trees to run over..
It's not like we're not getting anything, you know...?