I don’t know much about the company, but the latest RPG product I bought was the Adventures in Middle-Earth Player’s Guide, which seems solid to me. They use Ralph Horsley as an illustrator for covers, and he has done fabulous WFRP illustrations before. And T.S. Luikart is a part of Cubicle7, and he has worked on WFRPv2.
There is a thread about this on the Cubicle7 forums, but there has been no comment yet from the company … not even a denial. Suspect! Or a confirmation of sorts, if you interpret it that way.