Well it certainly looks interesting, shame there's no kind of demo to see what the game's actually like, without paying £75.

Lots of Let's Play videos on YouTube: https://www.youtube.com/watch?v=qhVZhoHbRNw

And: https://www.youtube.com/watch?v=dkPa1WTUOlE

Are a couple...

No demo, game footage is limited to viewing the world and building blocks, exactly what vanilla Minecraft is.

There is a high risk, huge hype, but nothing to back up their ambitions. Also, I do not believe 100k is even realistically enough for funding this project.

It's about 50k per goal / headline-feature. We'll make more of them depending on the level of funding. We're doing it to make sure whatever the level of funding we can be sure we'll deliver a our backers a well polished package.

+1 also they didn't really cover how they're going to avoid griefing (although maybe that's what beacons are for?) and just general dirt huts and nerd poles.

Yeah, that's what Beacons are for (and areas outside Beacons decay back to the original terrain)

I think this looks great. I love Minecraft but this takes a different approach to it, which is good. I could, however, see Microsoft moving Minecraft in the same direction, connecting servers together and making it more like an MMO..

If you’re a games company pitching the ‘next Minecraft’, co-developed with users, then be clear that players have no ownership unless you give them equity.

Ripoff...Lamest i have seen in weeks. bet you have even copy/pasted Minecraft code...

For a real attempt at a "Minecraft MMO", try Everquest Next.

Minecraft? I don't suppose you mean... Infiniminer?