I have been furiously writing them over the past few weeks (at a pace of about 30 per day). I have about 500 to do in total and I've done about 300 so far. My intent was to deliver them around the same time as the beta release, so that the thanks would be meaningful.
> The stated goal for raising $25K (and any excess) was to take time off of work to dedicate 100% to this, at least until Rails.app shipped. What happened?
You're absolutely right. The original plan was to be able to take a few months off of work and use it to replace any lost company revenue. In other words, I was going to pay for my own time to replace consulting revenue. Co-founding a company turned out to be more time-consuming than I expected (I know that sounds stupid, but it's the first time I did it), so I wasn't able to purchase my own time in a single block. Instead, I used whatever available time I could manage and used the money to fund smaller blocks of time.
I also used some of it to fund full-time work by Patrick Gibson, an amazing iOS/Cocoa developer (he worked on the original iPad build process for Apple and the Batch app) who works for Tilde, so I could focus my energies on the necessary Ruby code.
I'm really sorry that my original estimates didn't work out. That was absolutely a mistake on my part and I have learned a lot from the mistake (and my inability to follow my original plan precisely has caused me a great deal of heartburn). In the long run, I will not allow this error to prevent Tokaido from shipping. See my other comments on this thread for more details.
I said that I would use the money to take time off from work to dedicate to Tokaido. I naïvely assumed I would be able to take that time off in a large block, but that wasn't possible. Instead, I took off time as I had it available, in spurts rather than all at once. I isolated the money so that I would mark portions as "earned" only as I (or Patrick, who did much of the OSX work) actually worked on the project, so I did use the money to dedicate time to work on the project.
I am extremely sorry that my original plans for dedicating a block of time turned out to be infeasible. It was my mistake and one that I have learned from the hard way.
I know on the project you referenced using Harvest to track time - perhaps you could use Harvest's API to publicly disclose how much of the funding has been "burned down"? (I think this would be a good idea for all Kickstarter projects)
Wasn't those things sponsored by his employeer, Engine Yard?
He worked on them on their time and dime.
Of course, should a project go so off-track that a backer is compelled to seek a refund their claim is against the creator, as Kickstarter disclaims any responsibility.
[0] http://www.kickstarter.com/help/faq/kickstarter%20basics#IsA...