Source: BUNRAKU BLOG - May. 15th, 2009
Bunraku is a typical film, in that it took an average 3 months for principal photography, and a year of post-production, this film has a lot of computer graphics (it is supposed to have the look of Sin City) so a summer release '09 was always a hopeful deadline, plus the current economic situation may have changed things.
While Bunraku has been labeled a 'Hollywood production' because it is US based (backing not location shooting) it is really an Independent film. A lot also depends on distribution contracts whether we will see it in theaters or direct to DVD, which will vary by country.
Either way............I can't wait to see it!