"Are the batarians still going to be the third faction?"
No. The factions are Citadel, Reaper and Cerberus. Batarians are out; time-depending, they may feature as planetary militia.
"What about the quarians?"
Quarians will come under Citadel.
"And the geth?"
...come under Reapers.
"But what about the geth that aren't heretics?"
If we were to include the geth as part of the Citadel too, it would get far too confusing, as well as fill up valuable ship slots; would you really rather see geth cruisers multiple times, or would you rather see additional asari, salarian, and other Citadel race ships? Yeah, that's what we thought.
"Ok then, so what about the Normandy?"
The SR1 will be a Citadel frigate.
"And the SR2?"
The SR2 will be a starter unit for the Citadel, but won't be constructable, so keep it safe! Cerberus will be able to build SR2's, but only after the necessary research has been completed.
"What about my favourite ship? Will it be in this role?"
The ship's and their roles are still in flux - there isn't a definitive ships/roles list just yet, so if you haven't seen your favourite ship yet, don't fear - it doesn't automatically mean that it's not going to be in the mod.
"How about the Mass Relays - how will they work?"
We intend to use the mass relays to replace wormholes.
"Why was the release date pushed back?"
The release of ME3 meant a need to change large parts of both of the Reaper and Citadel fleets, as well as forcing a change of third faction. In order to make sure that everything is as good as it can be, extra time is needed. Just hang on in there.
"What game will it be for?"
Diplomacy and Rebellion