I think the "official" word was that it was just Cyrul screwing around. Ernie has said from the beginning that there were never any plans to produce an electric TC -- much like Losi claims to have no plans to produce a Nitro TC. Smells like a no-compete agreement to me!
Although, I still believe we'll see a Nitro TC from Losi sooner rather than later. It's too lucrative of a market for them to avoid, and the success of the NTC3 RTR has proven that many times over.
Visit my store: www.ampdraw.com