JMS just published this update on the state of his many projects on his Fans Of JMS Page -
Just turned in what one hopes will be the last revision on Shattered Union for Bruckheimer, and moving on to start writing on Vanishing Point, also for Bruckheimer (these are intended as big tent-pole summer movies)...got word that the B5 related stuff is still proceeding along, just can't say anything yet...artwork on Superman Earth One volume 2 is coming along swimmingly, looks great, with lots of funny stuff, personal stuff and cool action with a redesigned Big Bad familiar to Superman fans...have accepted an invite to talk at the Lake Arrowhead Writers Guild Conference in June (only open to WGA members)...the Houdini screenplay for Dreamworks is being budgeted and sent to directors...I just did a short piece for the Comic Book Legal Defense Fund's yearly Liberty Comic...and I'll be going out to the networks to pitch a couple of projects to develop for next year. Otherwise it's pretty quiet.
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