It's obvious that not every kickstarter game project is not going to succeed so lets post projects that failed but really wanted to succeed. here is one that failed but I wanted it to succeed:

http://www.kickstarter.com/projects/everplay/strike-team-tactics?ref=history

I take it that no one replied is because this topic is already discussed eh?

I don't think we'll see the first real failures until next year some time.

And by failures I mean ones which met their target for raised funds, but failed to deliver on the goods. At best they'll delay their production process and at worse fold. In my mind Kickstarter is a great way, esp for smaller companies, for developers to get in contact with their key client base and engage in the production of new products and get funding for them.

However if its going to work its got to have success stories otherwise it might hobbing the process a lot (esp since people must remember that they won't get any refunds - no matter how much they put in)

Tortured Hearts - or, How I Saved The Universe. Again.

It's still on the run, but will fail for sure.

http://www.kickstarter.com/projects/1920171553/sherlock-holmes-consulting-detective-adventure-mys

I'm actually more annoyed with the fact that the developer David's not even trying anymore.

Maybe the money from the failed projects will get recycled back into other projects. Depends on how each individual manages his/her finances.

Well if the project fails to meet its starting quota they don't get any money at all. The money is only sent when the time limit it up and if the company has already met their project minimum amount.

If the project is underway its expected that all funds given will be given only for that project and that, if it folds, that money is lost. The projects are not run under a single company, its various independent companies who just use the Kickstarter website to fund their projects with startup contributions.

I haven't seen any failures I was too bent up about yet.

Although if Nekro were to fail I'd be really unhappy....(hoping it won't though, it's only about 12k away from the target!)

I'm slightly sad to see Tortured Hearts not doing well. The kickstarter attempt wasn't laid out the best and it's quite unclear in places....but I do get the feeling that there's something special there.

No, I mean every single individual who donated. For instance, the $15 that I wanted to give to x project can now be given to y. But this is dependant on the assumption that some donors would give the money back into the loop and are limited only by their monthly spending.

A quick example:
I have $40
I donate to 3 projects: 15 to x; 15 to y and 10 to z
y falls through, now I have $15 to donate somewhere else. If I want to, of course.

Only one I have cared about really was Shadowrun.

And it happened.

So yay me.

The 3D glasses one was probably a scam and got a lot of (likely deserved) negative press.

I didn't hear about that one, got a link?

This is the project page I think: http://www.kickstarter.com/projects/zioneyez/eyeztm-by-zioneyez-hd-video-recording-glasses-for

You can search for the "beach in Thailand" scandal regarding it.

Aye but there isn't (as far as I known) any strong controls on the money donated to the projects. Once its in the hands of the developer for a project its in their hands - most likely many projects will fail because they underbudget and fail to mee the rising costs (ie all the donated money is lost); or they fail to take off; the product fails to sell etc (again the money is all lost).
Most of these projects should be matured enough to the point where they can at least function with the donated funds