The Kickstarter campaign is live - check it out and consider pledging
Brian Fargo has revealed in an interview with RPS that inXile is working on Planescape: Torment's spiritual successor using an original setting called Numenera, developed by Monte Cook. It will be named Torment: Tides of Numenera - check out the official site here. Brian Fargo's idea is to fund its development via Kickstarter, and toward that end inXile is currently asking for KS pledge reward ideas.
Numenera is a science fantasy roleplaying game set in the far distant future. Humanity lives amid the remnants of eight great civilizations that have risen and fallen on Earth. These are the people of the Ninth World. This new world is filled with remnants of all the former worlds: bits of nanotechnology, the dataweb threaded among still-orbiting satellites, bio-engineered creatures, and myriad strange and wondrous devices. These remnants have become known as the numenera.