Sadly it seems Suzuki can't get any game developed these days. As mentioned psy-phi was cancelled, Shenmue Online's laughable development was finally terminated and Shenmue 3 looks as unlikley as ever.
While he works as Sega still, yo get the feeling it's really just a care-taker role where he no longer has any power/say. Sad really
Sucked in, I guess. But he's producing Sega Race TV, so that might be what you're looking for. Someone should buy his Shenmue script and release it online ;p