Oh most definitely hyped, I loved that game. I don't mind that it's fan made either because there have been instances before where fans have made amazing content. Just look at Skyblivion and Black Mesa, both fan made but big budgets worth of content.
However, I'm going to try and not get too excited given I feel that it's a ticking time bomb. What I mean is that at literally any point in the project's development, Disney might roll by in their golden chariot and shut the project down.