Creator Super_SandBagger is creating a Gaijin Warrior. He's been keeping people posted on the October Toys forums, but he also has a recent update on his blog and Flickr page.
Teasers (and presumably, the drop) are promised very soon. From the forum posting this is a small run, under 50 pieces in various colors. Previously, the artisans made a snapping turtle-inspired figure with an amazing head sculpt and a gnarly shell accessory.