This interview is from a few days ago, it's got some interesting things as well as some footage that looks pretty good:
IGN: Pre-E3 2008: The Conduit Update

Also, just from a showing today, a two minute developer walkthrough:
Gametrailers.com - The Conduit - E3 2008: Developer Cam Walkthrough

The footage from the IGN article is more exciting, imo - it didn't seem like the dev walkthrough really showed that much. The good news, though, is despite lacking a publisher, they've got full funding until the product is done, and at this point they're shifting focus to making awesome multiplayer (single player is mostly done).

I'm still really excited for this game. It looks like it's going to be a blast.