Looking at the "limited" criticism coming from 
the PBO, I'd say this project is due to be cut.
.
For all the critcism we can dump on the LPC,
they have been a good deal more careful with
the books than they let on.  My bet: the PBO
article is a trial ballon to see if anyone would
get upset if this "project" was cut.
.
From the comments I see here, I'd say most
wouldn't be bothered by that.