We're working hard on it. The entire thing is expected to be about 11-12 minutes total.

At the worst the expected release date is March, but that's if school doesn't allow for anything earlier.

Zedrin's channel if you have questions: http://www.youtube.com/user/ZombieZephyr

Update, 2/21/13: As proof of progress, have some prerender screen shots: http://sillyfillystudios.tumblr.com/post/43688022221/some-stills-from-snowdrop-rendered-in-either