According to Amazon.com, Lilo & Stitch: Island Favorites is scheduled to be released November 5, 2002. I'm glad to see it wasn't cancelled--just delayed.
http://www.amazon.com/exec/obidos/tg/detail/-/B00006WKXS
Henry Fink
http://www.amazon.com/exec/obidos/tg/detail/-/B00006WKXS
Henry Fink