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They've now hit 5.2 million which is pretty good for 3 days, here's a graph which indicates they might be on track:

I think with their new tiered offers they might just get there...

Crowd funding generally receives the bulk of it's funding in the last few days. Many projects succeed when they at < 50% funded a couple days prior to the end.

Yes but crowd funding is generally raising a bit less than $32 million. Impossible to tell whether this project will follow others.

They can still keep all the money they've raised if they don't hit their target. They just need to give IndieGoGo a large slice of what they have raised.

No they cannot. It's a fixed funding campaign: "This campaign will only receive funds if at least $32,000,000 is raised by Wed 21 Aug 11:59PM PT."

Oh I did not realize there were two different types of campaigns. Thanks for pointing that out.