I visited Spydeco HQ about three weeks ago. Sal offered the Pigmy should be ready very soon. He did not say but I'm thinking they really want to get the sheath right for the Pigmy. The sheath for the Spyderco Warrior, although a beautiful piece of Cordura work, does not work at all well using a synthetic insert and that's been a real sticking point (no pun intended) since the knife came out.
Sal is working on the folding Hobbit (I thought old REKAT had to re-name the Hobbit knives, courtesy of Disney's legal folks way back then, but I could be in error) and said he has to figure out how to incorporate the Spidey hole into the new rendition. I am hopeful they do a REKAT SIFU as that would be easier to "make Spidey" and is truly a very stalwart magnum folder. Compression lock for sure, I'm thinking.
I predict the Pigmy will blow the Spyderco Warrior out of the ballpark. Why? Because the Pigmy is truly replicated from the original Randy Wanner design of the Warrior. Sharpened upper point (enhanced penetration) leading to true sawtooth feature (for trapping/creating generous wound channel and organ/tissue damage), reversed double guard to ensure no hand slippage onto the blade regardless of conditions, and so on. The full size custom, Al Mar Knives and REKAT models were true battle blade size knives. The Pigmy is well considered "downsize" which will carry easier on current military body armor rigs or wherever else one wants or needs to hang one.
Hence the sheath having to be absolutely spot on out of the gate, IMHO.
And although I understand they are going to ship out the 60 page Warrior brochure with each Pigmy it also, like the Spyderco Warrior, was not influenced by Mike Echanis (other than his suggestion to Wanner that a serration be added - which became a sawtooth and not a serration but was still a more aggressive second edge - the serration on the Spyderco Warrior actually does reflect Echanis' original and only recommendation now nearly 40 years later)