I didn't want to be one to pester in his AMA but I still have no clue about what he's up to with canv.as. Aside from providing a meeting place to internet vigilantes and meme spammers, his track record isn't that stellar in either technology or monetizations. I'm also unable to overlook the recent developments in the image-sharing space with Path and Color valued into the tens of millions with anywhere from $11M to $41M cash on hand, making his $625K investment seem more like a pittance than a serious attempt at making a run at the current front-runner.
The pussy-footing surrounding his handling of this canv.as thing is unbecoming.