History repeats itself?

Many years ago, I got excited about a project a guy was working on to play the classic game Legend of Zelda: Ocarina of Time in a 2d style similar to Legend of Zelda: A Link to the Past. The project sputtered and died well before it was done. But a day or two ago, Boing Boing had a story about a new attempt at the same project. Enter OoT2D.

I don't know whether to get excited about this or not. If it ever gets done, I will enjoy this immensely. But I don't see the odds of it getting done are very high. Anyway, I'll be watching out for it!