Found out about this on Reddit this morning. I'm strongly considering throwing some money at this (would be my first time). It looks like it's a nice little bit of fun with plans for multiplayer and 'aggravated AI' (creatures tricked into attacking each other a la Doom) . The author put up an article detailing how he does his dungeon creation.
I don't think I want to call this Chibi. It's in some fringe-scape between chibi and just mediocre art.
Anyway, looks great. Coming out in June 2014, which might as well be never. Verdict: Don't back it because backing something that far away makes you stupid.