I moved this post over to the Questions area.
Actually we're still in the early stages of developement so I can't give you a precise time just yet. If everything goes as planned and I don't have anything bad happen in my personal life, I would predict this should be ready by late summer/early fall, at least thats my hope.
In the meantime you are free to stop by and ask questions, give us ideas you'd like to see while we develop. Thats how we handled CE and it worked out really well, the more people who get involved with the development process the better the mod turns out.