According to an interview with Jack on US radio, 1st game is only "a few days" out from being on location:
http://www.blogtalkradio.com/diy/2012/08/15/mr-belding--dd-radioInterview starts at the 48-minute mark.
A few of the things Jack said include:
-Game will have 7 speakers
-It cost $2.5 million to develop the game
-They have sold 1200 pre-orders
