and out the door go my hopes for a shiny new hud

I'd go for shiny new gameplay over a shiny new HUD anyday.
By definition a HUD should be non intrusive and quite minimalist or it gets in the way of the game itself which is counter productive to say the least, as it stands the current HUD is perfectly suited to it's needs, why fix what isn't broke ?
There's not really much point wasting valuable time on creating pointless bling that adds nothing to the game itself, especially when considering the enormity of the task of creating the assets which are far more important.