Me too!

They`ve done an excellent job improving the level of detail of the sprites and background. From what I`ve read, the people behind this homebrew are hoping to create a port of this game with Capcom's blessings. If they do not obtain approval from Capcom, they intend to create a brand new horror game with a whole new script (apparently the script is already written).
It also appears that they intend to release a physical copy of this game (they are looking into the issue of cartridges, boxes and printing). Apparently the first demo was downloaded
by almost 15 thousand people!