Populous will live on; Peter Molyneux's Project GODUS is officially a successfully funded Kickstarter project. The game currently has £478,916 pledged, surpassing the £450,000 goal, with 26 hours to go at the time of this writing. The total will likely be even higher by the time this news publishes, so check out the source for the most up-to-date figures.
With the funding goal now achieved, a number of stretch goals have been added. The first two are already nailed down at the time of this writing, and the third -- which would bring in the BAFTA award winning writer James Leach to write the story -- is definitely in reach. The top-level stretch goal, at £550,000, would add Linux and Ouya versions to the list of supported platforms (currently PC/Mac, iOS, Android).
The Kickstarter page lists a September 2013 release as the target, though the feature additions that stretch goals bring about have a tendency to delay things. Let's also not forget that this is a Peter Molyneux production. The brilliant gamesmith is full of big ideas, but can he turn those ideas into a reality in a timely fashion? We'll have to wait and see.