The Minister for Transport, Noel Dempsey, T.D. has done it again and given a further significant boost to the project in his announcement of the new national cycle policy framework. The full policy can be accessed here: http://www.transport.ie/upload/general/11387-0.pdf

The relevant section states:
2.10 Sutton to Sandycove Scheme –
We will complete the Sutton to Sandycove (S2S) cycleway /promenade. This 22km continuous facility will act as a commuting route as well as a world class recreational and tourist route. It will be a flagship project for the capital.