More info on the whole issues with Trenched being released in Europe, we shall defiantly see it at some point!
Destructoid asked for a statement from developers, Double Fine and got one out of Brad Muir:
This entire process has been very frustrating to us and it makes us sad that the people of Europe can't play our game. Microsoft owns the IP for TRENCHED and they are working to resolve things as quickly as possible. I wish there were more information to give but it's still unclear as to how things will shake out. The one thing I do know is that the game will be released in those territories! It might take a while, but Europeans will have the opportunity to stick it to Vlad and his Tubes. We would recommend playing through Castle Crashers for the 17th time while you wait, because that game rules and Dan Paladin is a national treasure.
So it looks like we will see it, though not for a while. Nice to hear some sort of response from Double Fine as silence is always worrying. Let's just hope that we see it sooner rather than later.