Any updates?
No, both DJSmokingJam & I are quite busy with other projects at the moment. Since Ridgeshark released his truly excellent Army Of Darkness - Primitive Screwhead Edition DVD, the pressure is off to put something fan-made out there, plus there is very little 'extra' material that isn't found on the retail DVDs, unlike Evil Dead 1 and 2 which both have a wealth of additional material.
I wouldn't expect anything too soon, if at all, but if you're really on the lookout for rare Evil Dead Trilogy material, you might find this forum thread of interest;
http://www.bookofthedead.ws/forums/viewtopic.php?f=3&t=9