Here's an article from Torrentfreak about the subject:
https://torrentfreak.com/megaupload-2-0-news-delayed-by-expected-roadblock-170120
His problem is that he is too loud about his project. It's basically the same as what happened with the Winklevoss brothers. They were very loud at the start as well, and look where they stand right now with their exchange. Basically the same goes up for their ETF that people have been waiting for so long. Kim is trying to create a hype around his project, but it's having no effect so far.
its better to try and create hype than sit on your hands and be afraid to fail
I'm only for Kim to be successful,there is nothing to lose for a general bitcoin user,just possible gains
so why not?
and his "roadblock" and the ensued wait could be simply some marketing plot to thicken suspense