Sir_Kill_A_Lot: Fiasco? What would those people have said if DF only got those requested $400,000, it would have been just a short and simple Flash game. But it all got a lot bigger.
And the promise actually was to create a game and document the process, being it a success OR a failure. I don't think Turbotobi was a backer or he never watched to documentary which he paid for.
PixelBoy: ...(Hero-U, SpaceVenture, and whatever else).
Sir_Kill_A_Lot: Even those haven't failed (yet), they are late (very late...), but both are still working on it.
But of course there are Kickstarter projects out there which actually failed.
Whew, just read the comments and thought wait a second I backed Hero-U and SpaceVenture, but I've not been keeping up with the updates or the project status (so little time lately). Glad to hear they are still plodding along, I obviously wasn't in any great hurry to start playing.
I think I've been lucky so far in that I haven't had any projects I backed, declared dead, just delayed.