Well work has been started on the mod. Well actually we started last week. I've created one of the maps already for the Multiplayer Portion, all I need now is to get someone to do a new texture set. Hopefully this should all be done in two weeks time.
News posts both here and on the site will be quite irregular, there won't be a set date for updates. I will update the team section on the site soon.
For now watch this space, feel free to ask any questions regarding the mod. I will try to answer as best I can :)