Jeff Dee and Jack Herman, the original creators of V&V are running a Kickstarter to produce a 3rd edition of the game. I know new editions are often painful but considering it's been 24 years since the 2nd edition I don't think anyone can say it's "too soon". I shared my thoughts on the game in a post about 5 years ago and to update that: haven't played it since then, still have the books. One of the best things about V&V is that it came out of someone's home campaign - it wasn't written to fit a specific universe, it wasn't written as a "product" - it was a game first and then a book on the shelf.
I do like to see original creators coming back to a game, especially considering the legal fight these two had to have to get here. It will be interesting to see how their perspectives have changed in 30+ years. Considering they were in high school when they wrote it I suspect there will be some notable differences.
The one disappointment: The book is in black and white. They are saying it's to save time and get it out there and that does make sense. Still, it's a comic book RPG - I'd love to see it done in full color. A future project, perhaps?
There is a pretty reasonable set of pledge levels, starting at $15 for the PDF. It's already funded so it's going to happen. Jeff Dee has run a few Kickstarters for other things previously and they've been playtesting the rules for a while now so I'm confident it will come out in a timely fashion. No uncertainties here - I'm in on this one.
Anyway, I was pretty happy to see this happen and thought I would share for anyone else out there who's a fan.