Anyway, it's written and directed by Eric England, who is from Russellville, Arkansas, and it was shot in same area of Arkansas.
Here's your quick primer and links, poster and trailer... and expect more to come until this gets a release date.
Official Madison County Website
A great Q&A with the producers from Dread Central
Dread Central interview with Eric England
Bloody Disgusting's set visit report
Some coverage from Fangoria
Synopsis: A group of college kids travel to a small, mountain town called Madison County to interview the author of a tell-all book on the accounts of several grisly murders that happened there. But when the kids get to Madison County, the author is no where to be found and the towns people act like they haven't seen him in years. They also say that the killer never existed and the murders never happened. However, when the kids start digging around to get their own answers, they find out that the stories maybe more real than the townspeople are letting on!
So you're up to date! Now let's all hold hands and wait on the release. Perhaps I'll break out my copy of The Legend of Boggy Creek to pass the time?