The Kickstarter Page for Tex Murphy - Project Fedora indicates this project has reached its funding goals, well in advance of its deadline (thanks Todd). Here's word on the detective adventure revival:

Project Fedora will reunite creators Chris Jones and Aaron Conners and feature their trademarks of rich interactive storytelling and immersive gameplay. The new game will incorporate the very best of the classic Tex Murphy elements - sci-fi, film noir, witty dialogue, great characters, beautifully integrated FMV, and a deep, engaging story - but it will also enhance the experience of the former games with stunning new graphics, a sleek new interface, and other updates.

The detective-style gameplay takes place in a fully 3D world where you search for clues, solve puzzles, investigate crimes, and question witnesses and suspects. While the gameplay will be fun and challenging, you'll never get stuck with the free, built-in hint system.

One of Project Fedora's most exciting features is how the game and story can unfold in different ways. As you play, your actions and choices will change events, leading to new story elements and gameplay. This "narrative pathing" not only allows you to customize your experience, it will provide unique replayability, as the game will have at least three or more story paths leading to multiple endings.