Matt recently announced that Frog God Games will be producing Swords & Wizardry in the future. See this post on the Swords & Wizardry Forums: Frog God and Mythmere News!. At first I thought this was a good idea. Then Chgowiz, Bite The Bulette, and RPG Blog II pointed out a statement of Frog God's "about us" page which is very disparaging of the hobby that supports and created Swords & Wizardry....
We are not the guys who are going to offer bargain basement junk for a quick buck. We won't sell you hand drawn maps and clip art laid out by amateurs and posted up on Lulu.com as a cheap book that you look at and discard.
No thanks. I've already seen what companies who think hobbyists should be ignored in favor of "the pros" have done to the RPG hobby. I will not support another company who thinks great layout and high production values trump all. It's hobbyists who made Swords & Wizardry and hobbyists who make up most of the market for Swords & Wizardry products. Statements like the above at not the way to win friends and influence people in this market.
I sorry to say that I will not be purchasing or recommending to others anything produced by Frog God Games. They can have their apparent "we're pros and so much better than hobbyists" attitude. I want nothing to do with it as I've already seen the damage this industry attitude does to the hobby. Thank God that the Swords & Wizardry rules are OGL so anyone can change the name and produce their own version. The hobby lives, no matter how much the industry does not seem to like us (although they seem to like our dollars just fine.)