ORIGINAL: Maallon
I think the problem is still in the room that the engine is at it's limits, all in all the problems that were discussed in previous threads, that an update would face, haven't really gone away.
Also the fact that Erik likely saw this thread already and didn't respond to it in any way until now does also tell it's own story, me thinks. [:)]
Of course you are right that crazier things might have happened.
You know, the funny thing is that after all the roundy-round of activity in the last great WITP2 thread with Alfred taking part and more or less minimizing the chances of a follow-up and giving almost zero chance of a improvement of the existing game's code - he then went on to say (I am paraphrasing here): But if anyone is willing to come forward with the money Matrix will listen.

Uhhh... say what?! He spent all that time playing down the chance and then did a 180 at the end. I was flabbergasted to say the least. (This is where I got the Alfred input from my original post above).
So frankly, I don't know who or what to believe (or not) anymore when it comes to what circumstances it will take to make a new version of WITP happen.