Are you kidding? Sry, but Source is one of the best game engines out there and much better than GoldSrc!
The reason, why team Psykskallar is doing this for the HL1 engine is the fact, that they are more familiar with it + as E3Pointman already said, it's simply more easy to create something impressive for GoldSrc, while it needs more work on modern engines to create something great! One reason is, that the expectations of gamers are pitched higher, if you mod for modern games. If team Psykskallar would switch to the Source engine, they would automatically raise the bar and CoF would automatically require better graphics and more content to draw somebody from the woodwork!
But it's totally ignorant to say, that there are only interesting projects for HL1! Take a look at Nightmare House 2, Zeitgeist, Black Mesa or No More Room in Hell for example!
Malte3
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