The Q1 release window originally given to Deadly Premonition: The Director's Cut has been narrowed down to March 2013. The open-world horror, action, mystery, etc. game will have "reworked" controls for its combat, a new scenario designed by creator SWERY, and will support additional downloadable content.
It's also probably going to be really weird. While the above trailer doesn't show much of the actual game, it does assuage any fears you may have had that the new version wasn't going to be about a crazy person who talks to an invisible partner named Zach.