I meant to post this a month ago. You Atlanta guys may want to call Billy if you haven't seen it already. I haven't seen the finished product but hit Billy's son's prototype. The head is a reduced offset with a mild cavity back (reference 690's. MP-60's, x-tours+/-). Sweet sticks.
Yes it is a great club. It is our TS-1 iron and it will be available in the next couple of months. I am especially proud of this club because I had a hand in the testing of it. It is by far our best looking head design and the really cool thing is that there is a tungsten plug in the sole to lower the center of gravity which really allows the ball to get up with the longer clubs. I also think that the sole goes through the ground much better.
I have been playing with them for almost 2 months now and the only thing I have had to adjust to is they go farther than my other HG blades, but only a little. I think they will be a huge success given the thousands of fitting options we offer.