Yeah, I hope it means the game is nearing completion. Then again the complete lack of any new material, footage, promotional images or anything, would be incredible strange for a video game nearing it's completion.
SE does such weird things these days nothing would surprise me.
I have no doubt the game will come out eventually (the fact that they turned it into a main series entry pretty much guarantees that) but how all these delays and radical changes in development over such a long span of time will affect the final product is anyone's guess.
I don't think their inability to tell a compelling story is really the problem so much as it is the corporate overlords in the company and the batty loons who get the final say over the direction of these games.