I was into Kickstarter before it was cool

To prove it, I funded the port of Breath of Death VII & Cthulhu Saves the World to PC. Got the ported games in return.
From the current crop post Double Fine I have funded or pledged to:
- Double Fine Adventure
- TAKEDOWN
- Wasteland 2
- The Banner Saga
- Shadowrun Returns
And I'm considering pledging to Starlight Inception.
I already commented before how yes, it is a risky investment. You invest now and may get a bad game later. That's why I invest in developers I believe and like, and I look thoroughly at the proposals for a project before deciding to fund it.
Funding projects through Kickstarter is also the chance to take part in a new model of game development and helping to make games that would otherwise never be made. If even one of these games is a great game when it's done, I'll be able to say "see this game? I helped fund its production."