SFR (WIP title) is a mod for the Source Engine. It's based on the 3d shooter game Starfox. It will be mostly based on the 1993 nintendo power comics, and a story(running in parallel to the events in the comics ) written for the mod. The game is mostly a shooter like the first game, but will feature some 3rd person on-foot action. The main focus is singleplayer, however multiplayer will definitely be implemented in time.
Here are some renders from the cornerian fighter. It's called the X-fighter in the Mission File Printout official guidebook released by nintendo only in japan.