I've been following the game for awhile. Incredibly ambitious for such a small team but I really hope they can pull it off.
I pitched in $25 to the Kickstarter in good faith.
Mew2King is working on it also, I recommended him working for Imagination Vent to someone (I'm not sure who read it) on their Facebook page. So that should mean something for the game.
I just wish they waited a little bit longer to flesh out the physics to make a trailer. Because they still have a long ways to go and haven't done much with the physics yet. They're going to from what they told me, and the game is going to play more like Melee than the other Smash games, and it's also going to have netplay. So for a game like that, how they're trying to advertise it's important to be able to show it.
Even the physics in the pre-alpha build for Air Dash Online were pretty fluid. Not to say this won't get to that level, I'd just like to have seen it worked on to a point where it can be showcased some.
Either way it will be nice to have a platform fighter with decent netplay to be able to play on my PC with my buddies besides SSF2 whenever 0.9b is out.
Also the lighting is awesome.