As this will be a super-enhanced HD remake of one of the best Sonic games ever, I cannot begin to describe how incredibly awesome this project is gonna be when it's finished. I'll just let
link #1 describe it to you, and
link #2 speak for itself.
All I can say is this: When it does get finished and released, I'm gonna do a grand tournament for it here on Abandonia, just like Expack's TF2 tournament. The game will be freeware, and one of the project's goals is to have online multiplayer, so I don't see why this would be a problem...