Yeah, I was afraid of that. A million bucks is a lot to ask for. Hopefully they'll get closer during the last few days but at halfway through and not half-funded, this doesn't look too good.
EDIT: They more or less admitted things aren't looking good and are going to reboot the kickstarter to a much more reasonable goal. It works for me, as it looks like it's only 100,000 to get to a new album, then everything after that is gravy. As stated, I'm more interested in a new album than a new show, so this works well for me.