A guy I work with is having the same experience with an LSM billet SBC block. Months overdue. Told him last week it would be ready to pick up in a few days final machining yada yada. Called Friday and the new excuse is the main caps aren't done. How exactly do you do final machining or any other machining for that matter, with no main caps???
He has now had to return sponsor money too.
I don't get the over promise and under deliver business model other than they know their competitors can't deliver any quicker (6-9 months) so they make sure they get a BIG downstroke up front so now you're committed and risk losing your deposit if you cancel to buy someone else's unused block.
I'm really surprised there hasn't been any litigation involved with these deals.
