Originally Posted by ChaosTheory 
It is waaay early. These are merely concepts they're discussing, and clearly they wanted to wait to see if the project was funded before they sit down with each other and hash out this new world.
I think it's a little worrying that it's not even past concept, that usually takes at least a year to get right, for some games several years. Trying out designs and stuff, writing lore etc. It's tons of work.