I have always liked Meandraco's art. It is extremely lovecraftian and surreal which in turn makes it fun to look at. I used to be quite hyped for updates on this game aswell, it is for what it is, well written, fun and quite feature rich. Passion project or not, the complete lack of updates for two years mostly killed any traction this game was getting. He seems to have fallen for the "it needs to be perfect" wall, that other artists seem to hit from time to time. A good example of this is Crowjob, he had a fun space station game that he has in the last 4 years reworked and redone about 5 to 6 times because it wasn't "good" enough. This killed most of the community around the game as people got sick of reworks and redone's. Like Meandraco, Crowjob's game also worked pretty well, controls wise, for what it was.
Meandraco's art has also suffered in quality. If you look up his earlier art, you will see greater care in lining, lighting and shading as well as finer details on faces and bodyparts. I genuinly hope he finds his passion both for art and for the game again. The game doesnt need to be perfect, nobody is expecting the man to write and epic Witcher 3 esque story and render everything in Cryengine 3 on 4k and 240 fps. Hell, the curent UI isn't even bad, its quirky at times, but that has its own charm.
I hope that we get to see the V3 update, with the years however I have grown more pessimistic.
Fingers crossed that I am wrong.