It funded, everyone involved got their copy of the game and it's available for purchase in the traditional manner now. A friend of mine bought it and we played this past weekend. It was a lot of fun, incidentally.
I played on CF for pretty much the whole second age and staffed for a while towards the end of that time.
I have to say, sometimes in WoW I miss things about CF. One thing in particular... You see, I'm on an RP server...
Just once, I'd like Nazmorghul or Jullias or Cador to fade into existence while some moron was shouting OOC stuff in the middle of Ironforge, give an appropriate speech and then slay the offender. Maybe eat their corpse, while we're talking wish fulfillment.