I followed the saga for a while. I even saw the origional proposal.
I felt that the concept was flawed. Even with resurecting the plane,
you still had a 60 year old design at a premium price. Now the demand
for a 60+ year old plane even though it was fresh off the factory
floor has a very limited draw.

Add in the bickering between the parties, the Luscombe association and
the Renesaunce people, and all the others, it was just more nails in
the coffin.

Bob