gbax have been around for a while, they originally imported the gp32 to the UK and then became the exclusive UK distributor for the gp2x. There may be delays but I don't doubt craigix will deliver. It is an ambitious undertaking. EvilDragon is the German gp2x distributor and is also tied into this project. Both have never given anyone any reason to doubt their intentions. They have delayed the pre order again and again to make sure the hardware is ready and everything is right.
They have my support, this is everything I could want in a handheld.