Now that is wrong. It's not crowdfunding of the person (Michael or Chen or whomever). It's crowdfunding of the tablet. If the money aren't spent to the production of the tablet - they MUST be refunded.
Note - IGG is not hi-tech crowdfunding platform. One can easily fire up a campaign to crowdfund a party. However - funds should be spent according to the goal. If you campaign for a party but spend it for an iPad - that is misappropriation of the funds.

But yes, if it ends up with production of the working unit - I'd buy one (I'm not a baker yet) despite it's already (almost) relict platform with known flaws.