This announcement was horrible. Not only is it not on the official ciphershed website (where you'd logically expect it to be), but there are absolutely no easily-accessible details on first-look. Furthermore, it says a new version of TrueCrypt was released. That's not the case at all and will confuse people. TrueCrypt is dead and its developers are not working on it. Be clear as to what you're communicating here please.
I've been a TC user for years (like a decade), and if CipherShed wants to pick up traction they really need to start doing the following:
Releasing regular scheduled updates.
Releasing regular news on development for all.
Releasing a vision and plan for future support and sustainability.
Without this, the project will die or be marginalized.