Sony has just confirmed that now that the Kickstarter goal has been reached they are in fact helping with funding and development of Shenmue 3

[StuOhQ]

This whole affair has been wholly unethical. Kickstarter was not designed to be abused in this fashion, and I won't be buying the game now. Comments from the Kickstarter page indicate that a lot of the backers were hoping for stretch goals that would add support for future consoles.