It did not achieve the targeted kickstart funding. Some thought DF Elite was a great idea, some thought it was a distraction from getting and keeping the main DF game operating cleanly, and some thought a bit of both.
Me, I thought it was a neat idea, but I also saw the main DF game as underfunded and sorely in need of maintenance and bug fixing. I guess I hoped that DF Elite might cross-fund some main DF game fixes and servers, so I pledged some bucks to DF Elite.
With the DF Elite campaign failed, we now see Z trying to reprice the main DF game to get it proper funds for servers, and he's also limiting bandwidth taken up by free players by using a wait timer (and trying to get some of those players to bend to additional subscription payments). I support the repricing effort, and only hope it results in sufficient servers, less lag, and a fairer business model for Z.
Manfred