It's being made by some guys in Annapolis, MD and was (finally) announced:

http://www.gamespot.com/news/6187267.html?sid=6187267&part=rss&subj=6187267

There are some early screenshots there, for people who are interested. Some of the European print coverage featured different images... I found some scans here, for those who want to see:

http://forums.gametrailers.com/showthread.php?t=327230&page=1