Yes, it talks about 4/3 sensor, as that's the one they plan for. There's also mention of supporting 4/3 system lenses, although it "might not be entirely convenient on a manual body".
They mention putting some work into camera's bayonet, to my understanding desinged with adapters/3rd party compatibility in mind. Regarding the working distance, wording is "it is slightly shorter than it was on Narciss (28.8mm)".
Rob, you are correct, per the text, the real money were assigned. The project existed already though, albeit unclear in which stage.
Text also mentions that parts of original Narciss are likely to be "adapted and reused", must be a way to save on entirely new production line. My guess is molding forms for chassis. That also explains the modularity perhaps. The article suggests a pentaprism and no LCD configuration is default, replacable with digital sensor/LCD back combo.
