I saw Loren Schoenberg a few weeks ago at the jazz collector's bash in New Jersey. He said that he was "99% sure" that something would be coming out and that he was awaiting some final clearances. At the time, he described the final approval as "imminent." Given that there's been no subsequent announcement, I wonder if there's still some snag getting some clearances.
He said that selections from the collection would be made available as downloads only.